12/12/2006

The 30 sensitive NSE shed 400 odd points for 2 days in row to 3673 and then cooled down a bit to close at 3717 points today.BSE coled just below 13K mark. It was expected as the market was undergoing a bull run there by destabilizing the economy. I see the market stabilize at 3100 points where one can see a support of atleast 50-100 points.

Well what ever happened, happened for good and it comes as a relief for the common man. I hope none of you reading my blog have lost money in the market. If you've lost there is nothing to panic as Feb is the month during which global markets peek out.

Happy Trading...

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