hi all, how are you?
I checked chart of BSE index i afraid it could fall up to the level of 7650 as all its major indicatros turn in bearish mood & there is no sign of recpite fron downfall.
The upside rally which is started in sept 03 from the level of 3300 up to the level of 12600 in the month of May-06,have started lossing momentum.
The index has been moving north for last three years & ithink it will take atleast 8to 10 month for goddupside rally.
So before investing in market one should remain caution & use any upside rally to exit of your portfolio.
i have attached chart & have look when it start falling it fall like this.
thanks
Manish
I checked chart of BSE index i afraid it could fall up to the level of 7650 as all its major indicatros turn in bearish mood & there is no sign of recpite fron downfall.
The upside rally which is started in sept 03 from the level of 3300 up to the level of 12600 in the month of May-06,have started lossing momentum.
The index has been moving north for last three years & ithink it will take atleast 8to 10 month for goddupside rally.
So before investing in market one should remain caution & use any upside rally to exit of your portfolio.
i have attached chart & have look when it start falling it fall like this.
thanks
Manish