Tuesday, August 5, 2008

Moody May Downgrade India, Nifty Remains Subdued

It was again a very busy evening for me and I could not devote much time to write and analyse the markets and the charts. However, I feel guilty when I see that my blog generates almost an equal number of page views on days on which I have done no analysis and that all those visitors have to go back unsatisfied. That is why I make it a point to write something for my loyal readers. Today I have thrown in a daily chart of the Nifty with my comments on the chart itself. Please bear with it.

Nifty Daily Chart - Resistance Found at Trendline
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Happy Investing!!!