When the music stops, who will be left holding the bag?
To me the past few days look like distribution than anything else. Optimism is back. The public is being trained to buy the dips.
FIIs are buying again...So it seems. Hasnt anything changed fundamentally? Has it become better?
I think IT is showing whats in store for the broader market....very soon...
Chart of Infy first -
Same charts of nifty as I posted before...but updated..and latest comments...Has anything changed?
Log chart...Same story here also.
Best,
A very bearish Lee.
2 comments:
hey,
Nice post
regards
nice post...
Today With a close above 3040 range,the channels are broken Lee.there is some leg in this rally ..my bet is probably till 3250...many "experts" have become bullish now with some saying even 4k target!!n u r the only confident bear here...way to go
how abt updated analysis after todays move over for a clear picture.
Regards
Saif
Post a Comment