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Monday, January 5, 2009

about market


todays fall was expected.as the first 430 crore day share are matured today and they are in good profit today so some trader locked their profit.So there was a sell pressure.Over all market condition seems suitable for me.Technically index is getting a support at 2800 level.If it stabilizes above 2800 then the market will be very good.Other technical indicators are also showing positive sign of market.details is showin on graph.

moreover new govt wants to expand the market and the political situation is also stable.So i am hopeful about the market and holding my stocks tight.

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