With the NSE Nifty index shutting shop below the 4500 levels, the index might find support at around 4350-4360 levels in the coming days. It was the third straight trading session of losses for the Indian markets on Monday. The slide was led by weak global cues coupled with heavy selling…
Weekly Review for the Week June 8th – 12th 2009
Posted on: June 7th 2009 in Market Outlook.
We said ‘Technically the trend is still intact up and there is no sign of weakness witnessed on the charts as yet but as the market climbs higher it sets itself up for a reaction’ The market unfolded and remained positive during the week. Technically the trend is still intact up and…
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