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Friday, July 30, 2010

The day when Indian market's NIFTY trade above 5400 most of the analysts speak on media about bullish trend as soon as the market moves below 5400 they start predicting 5200 levels because technicaly the market is in overbought zone above 5400. How can a comon man understand this overbought and oversold phenomina what we understand is when some one sells some one buys and wise versa.Is it the funds are exhousted or no more stocks available in the market are we toomuch digging in? Isn't MARKET the supreme??

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