Since May 2010 we are watching on chart that nifty is continuously rising but volumes are constantly decreasing. Means Investors are not trusted on market. Public involvement is very less. This is not good sign for strong rally. Prices are rising but very choppy way with very less volatility.
We dont mean that nifty will not rise, we strongly believe nifty will rise and in March 2011 we may see new life high of Nifty. We want to say When PRICE RISE AND VOLUMES RISE means good for all investors. But currently PRICE RISE BUT VOLUMES NOT. (See the Chart of Nifty)
From
http://indian-dalalstreet.blogspot.com
Tuesday, August 10, 2010
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