Trading the markets Technically

Wednesday, February 01, 2006

Whatz happening to Sensex?

Check out the chart of Sensex. We are currently witnessing small star formations on daily charts, which indicate a that there is confusion among the buyers & sellers. Also there is low volumes, which indicate that market is very cautious at these levels. A good strategy would be to wait for a confirmed signal.

Also, movement is witnessed is a very selective stocks, which are fundamentally very sound, or the future prospect about a particular company is good.

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