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Friday, 3 August 2007

Nifty after 2nd August 2007

Take a note of what occured on Thursday. Market opened higher and went still up and then slipped back to close a litter higher than previous close but formed a red candle. The American markets worked up well too. The morning Asian markets opened well but have give off gains. What shall we do ? We should open flat to up and go up and probably loose steam at close or a difficuly possibility that we open flat and keep pumping up till the close. The big fellows want to still create more positions to short and perhaps will keep the market strong to trap the stray outsiders.

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