Friday, 9 December 2011

Terrible Sentiment in the Markets

It may not be wrong to say that the current market sentiments are as low if not more than what we all saw in 2008. For instance more than 150 stocks in NSE have hit their 52 week low today and no stock saw 52 week high today. There are more than 400 stocks which are trading very close to their 52 weeks low in NSE. (Gain more insights from http://www.traderscockpit.com/?pageView=technical-screening)
Will be interesting to see how Western Equity markets trade today on the basis of EU outcome today.

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