Wednesday, December 01, 2010

Bull Market, Bear Market and Scams

It is a routine for the scams to break out when the present sector, which is in bull Market, starts seeing a Bear Market.

The Reality,Power, Infra sector which was in a extended bull market since 2006 to 2008, never participated in 2009 to 2010 rally in a big way. These sectors were underperforming when compared to Nifty.

Under performance of these sectors will lead to locking of huge speculative funds that we were came inside on seeing a bull market in these sectors. When they get struck, lot of scams and frauds will come in future.



Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 1 December 2010

Today, 5900 is the crucial intraday level for Nifty.
If Nifty sustains below 5900, then it could test 5840 and below that level it could test 5750.
Instead, if Nifty trades above 5900, then it could test 5940.