based on budget day price action, market closed on a no mans land zone, which means that budget was a non event and market will start tracking global equity and currency movements.
i do expect some weakness tomorrow.
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so much for weakness!
ReplyDeletesurprised by strength today. but surprises when position is not there is pleasant.
good call on fresh upmove though... working well so far.. BTW have you seen Mr Vivek Patil's neo-wave analysis? I quite liked it. he feels that we are near the B top
ReplyDeleteYou can get it through ICICI Bank site or send me your e-id and I will try to send a link
yes, i have seen vivek patil's work and he is a very good technical analyst.
ReplyDeletei am not very clear whether B is coming to end , though it will be fun(trading wise) if it did!.
there might be much more meandering esp time wise before a top be made.
market is really lethargic these days.