Wednesday, March 26, 2008

Why Indian Market is in Red ?

We now blindly flowing US market these days.But Midcaps index was up 0.74% and BSE Smallcaps index was up 2.12%.The market is likely to consolidate in the range of 14000-17000.The market is likely to see the return of HNIs and retail investors.Global cues for tomorrow is not good,So short selling is more advisable.