Tuesday, December 22, 2009

MarketWrap : -ve tone growing slowly....



External fails to cheer up our mkt. HS/DJ futs/Europe strength fails to ignite buying interest. Technical weakness takes centre stage. As fbm struggle near 60 after a sell off late yesterday. Another quiet day ...below 3000 lot for 5-day in a row.


No material development...still a weak but sideways mkt within mid point of 50-70 range trading..so far no clear winner yet...but bears has the upper hand a so far this week.


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