Wednesday, January 7, 2009

NIFTY Outlook for 9th Jan 2009

The Double Top warning for NIFTY was well-justified! The index dropped a solid 192 points into the close. I had no pre-warning about the Satyam debacle!

Hopefully, there could be a bounce when the market opens on Friday. However, I will try to post an updated view at the end of the day today.

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