Wednesday, April 16, 2008

Good times ahead for mkts: How soon?

The Sensex was making lower tops and lower bottoms it seems now it has breached that phenomenon and as we saw yesterday it closed at a higher high ahead of 16,127 odd levels and then from that level it has breached and currently it is trading at about 16,300 levels.

Is this a positive sign? What we have seen early is that Sensex tried to break through from its phenomenon. So newer highs were created. But then again a bigger fall came and every time then the Sensex is making lower tops over here, it is always making lower bottoms also.

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