Monday, July 13, 2009

Posibility of a bounce ????

We could see a bounce from current levels as % of stocks above various averages (chart above) and 10 day advance decline ratio (chart below) show that markets are highly oversold and could find bounce as they are at there previous lows.

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2 comments:

  1. Sunil SaranjameJuly 14, 2009 at 11:37 PM

    Yes Renu, the internals are now near to their earlier lows.Good work!

    ss :)

    ReplyDelete
  2. renuJuly 15, 2009 at 8:46 AM

    Thanks SS ji,

    just following you.

    ReplyDelete

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