Thursday, December 10, 2009
POST MARKET 09-12-09
WEAK GLOBAL MARKET ACCOMPANIED WITH ASIAN MARKETS,IT WAS EXPECTED THE NEGATIVE TERRITORY,BUT COMPARED TO LEADING MARKET OUR MARKET WAS MUCH GOOD,NOT FELL TO THAT LEVEL & REMAINED RANGEBOUND BETWEEN 5090-5150.FROM TECHNICAL POINT OF VIEW,THOUGH IT IS SIDEWAY KIND OF MOVE,BUT ACCORDING TO ANALYST'S VIEW THE DAILY CHART INDICATORES HAVENT CHANGED MUCH.ALTHOUGH,INDICATORS ARE STILL NOT SHOWING THAT GLITTERING SIGNAL FOR SHARP JUMP.THUS ONE CAN EXPECT RANGEBOUND ZONE FOR SOMETIME UNTILL IT CROSSES 5181 LEVELS ON UPSIDE OR 5038 LEVEL ON DOWNSIDE.
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