Friday, July 2, 2010

Nifty Intra day chart showing volatility

Nifty futures   ...traded as per prediction
almost flat opening is expected with confusing mood ...reason is fear of loss there ...so small investors are keeping them-self away from market...and as global weakness is inviting bears to dance and play in the market so they are looking in good strength. but companies are trying to encourage bulls by placing better auto sales results and new tie-ups .so we will be going to  enjoy a nice conflict in Bulls & Bears ...
and yesterdays close price will play an important role in restricting the market move ...please read Role Of Previous Close Price at must read section