Monday, December 26, 2005

Sensex Plummets 171 Points!

Friday was the beginning of the move. The downward spiral gained momentum today. The Sensex felt selling pressure across the board and ended the day below 9100 at 9086. A drop of 171 points!

The market breadth was negative with losers outnumbering the winners 4 to 1. A sign of short term weakness. The technicals of the market have termed bearish in the short term. Time to search for some trades to profit from.

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