Friday, October 30, 2009

STOCK MARKET TODAY
I thought today nifty would take a U turn but I was wrong! Reliance results dragged the market. US GDP surprise made the market to have a gap up opening and faded today itself. Volume was good. FII’s were net buyers for 550-odd crores. Technically in the price chart a bearish pattern had formed. For past 10 trading sessions nifty had been trading in negative region. What comes down has to go up, let’s see what happens next week.
THANKS FOR VISITING!

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