Tuesday 27 November 2012

Market View 27/11/2012 After market hours

As mentioned earlier, market has given good momentum once it was able to cross 5660. Today it has been able to hold 5700 and buying has come with good volume. If this sustains, then we can start seeing rally back in the market.

Most of the shorts have got covered and fresh buying has been seen today. Volumes are also quite good. We need to see how the market moves on the expiry day. If there is not much volatility on expiry day and there is upward movement, then in the month of december you will be able to see very good moves. So let us wait and watch.


No comments:

Post a Comment