Thursday, March 18, 2010

Nifty continues uptrend

Nifty continues its uptrend. The first obvious level of resistance is 5305-5310 area where it stopped on 6 Jan 2010.

Its been a surprising reversal...we were 4670 on 8 Feb 2010. But then that's what the markets are - surprising. That's why we should always follow the market and not try to force it to go the way we want. because that's not going to happen!

S&P affirms ratings on India; outlook revised to stable

The entire article can be read here:
http://in.reuters.com/article/domesticNews/idINWLB034420100318

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