Hi Friends,
Today 5 AUG 2013, 10: 20 AM
Step 1: Market Analysis
NIFTY : DOWN 3 PTS
CNX 500 : DOWN 10 PTS
A:D : 1.5:1
Market Analysis of day show the trend of day is, "SIDEWAYS to MILD DOWN"
Step 2: Chart Analysis
The Price is trading near the low of the previous day. The volume of day indicates sideways trend. There is no clear trend on chart.
Conclusion
There is no clear trend for day, so wait till the market decides its direction.
Today 5 AUG 2013, 10: 20 AM
Step 1: Market Analysis
NIFTY : DOWN 3 PTS
CNX 500 : DOWN 10 PTS
A:D : 1.5:1
Market Analysis of day show the trend of day is, "SIDEWAYS to MILD DOWN"
Step 2: Chart Analysis
The Price is trading near the low of the previous day. The volume of day indicates sideways trend. There is no clear trend on chart.
Conclusion
There is no clear trend for day, so wait till the market decides its direction.
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