Market Roundup | stockbee


Market Roundup

Market Monitor: Bearish

  • Another 500 plus day to downside makes the market action ugly. There is again panic in the atmosphere.
  • However the question is how much of bad news is priced in.
  • The news coming out is not something new or surprising. There has been a steady down pouring of it, but market has held its previous lows in most cases.
  • With fair amount of selling in last few days readings on T2108 are approaching 20 levels, which tend to lead to rebounds.

1 comment:

Editor said...

Monday=panic bottom+rate cut