Markets drifted deeper into red settling with loss of 344 points at 16,737. Sensex had opened down 60 points at 17,021 and slipped below the 17 K mark. Selective buying in initial trades saw the index rebound into positive zone and touch a high of 17,126. Selling pressure in oil & gas, realty, banking, capital goods and power stocks gained moment.....
2008 begins with a bang but Chartadvise subscribers were cautioned in advance...
Excerpts from Trend Trader >>
Threatening to Decline ? - 24/12/2007
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In case of further declines being seen this week, we would continue to recommend withdrawing money from the market on a gradual basis while waiting for better times to appear.
Declining Market Scenario Intimated Well In Advance-14/01/2008
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This indicates some inherent weakness within the trend as it shows an inability to push past resistance even with the market tigers moving menacingly
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World commodity markets suddenly met a selling avalanche towards later part of March and the nicely bull ....
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We had already covered this scrip in our newsletter, TechniTrend dt 30-04-08 and still looks good at the current scenario to cover in this section. This mid-cap sugar sector stock came out with severa