Let's see if the market snaps back as fast as the last down turn. Based on current technical picture, it is still too early to invest in the India market.
Monday, April 7, 2008
India BSE Index
The India BSE Index moved to "Bearish" phase on 31 Mar 08. The last time the index moved into "Bearish" phase was in Jun 04. It stayed in "Bearish" phase from 21 Jun 04 till 15 July 04, a "Bear" period for around a month.
Let's see if the market snaps back as fast as the last down turn. Based on current technical picture, it is still too early to invest in the India market.
Let's see if the market snaps back as fast as the last down turn. Based on current technical picture, it is still too early to invest in the India market.
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