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STOCK MARKET TIPS TREND FOR 8 August 2011

Discussion in 'Trading Strategies & Systems' started by swati83, Aug 6, 2011.

  1. swati83

    swati83 New Member

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    Courtesy :- Intraday Tips

    Market Trend For Monday 8 August :- My Dear friend’s, it was a terrible day for Indian Stock Markets today 5th August. the Market started off in a negative note and even as experts tried to keep the mood adrift, it only got worse. Periodically, the Nifty saw some pullback rally from the lows of today but ended just little bit above 5200 levels. That 5200 level, which took a long time to break, has now become like a roof over the Market’s head, at least from a pullback point of view. But what might have lead to this massive fall? here are few factors that could have been accentuated the fall in share prices today: 1. Mass selling by FII’s 2. Lack of depth in the market,which may have led to even small sell orders having a multiplier effect. Trader’s/investors, who suffered heavy losses on some stocks initially, would then try to offset those,
     
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