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Is my analysis worthy?


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renu daga

Well-Known Member
devangan,,,
its for u for some clarificatin for me

u said ,, that accept for expiry nifty takes the way teh dow reacts

yesterday dow jones was 270pointsplus,,a sfar a si saw

why great our mkt down with 124 points now!!!

renu
 
C

Czar

Guest
cause after dow closed the futures crashed and are now 160+ down... thus we & all asia, europe down... (& it was not 270+ was 196+)
 
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devangan123

Well-Known Member
devangan,,,
its for u for some clarificatin for me

u said ,, that accept for expiry nifty takes the way teh dow reacts

yesterday dow jones was 270pointsplus,,a sfar a si saw

why great our mkt down with 124 points now!!!

renu
Mam I said our markets will follow guidelines set by dow (US markets), not that our nifty graph will follow dow chart , If you will observe clearly the situation then will find that our markets has exactly followed guidelines set by US markets today.

Yes Dow raised yesterday but fallen after that in after market trading and followed similar way in futures trading which was on in Asian markets and their it was badly beaten up due to delay in bailout and Washington mutual fund seizure .


Devan
 
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