VSI (Volume strength Index) is still at 6%......and the up-move seems because of short covering only.
Though Nifty rised near 3% but....., momentum still looks doubtful.......
.....hopefully .....the real colours will occure after expiry only.
Wednesday, July 30, 2008
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2 comments:
even i thought it was bcoz of short covering..
i m itching to go short man... :(
you are right genious.
no wonder if we see 4050 or even lower levels in coming days.
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