Jun 26, 2008
Jun 25, 2008
Where is the low?
Since we are falling and falling and falling .. seems like there is no end of this fall. every one has only one question .. where is the low? when we will stop?
rising crude price, rising inflation, poor liquidity, tumble between govt and allies making us nervous every day.
Now repo rate and crr is been hiked. most of the stocks are near all time low.
well.. we have two supports now.. if we break 4100, then 4020, and then 3770-6720, we hope this numbers may save the market, we are much lower than 400 dma. but hope , it will bounce up.
Tomorrow is expiry, hope market will rise a bit for short covering after initial gap down due to repo and crr hike.
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