Monday, November 15, 2010

Domestic Issues For Next Week

Major Domestic Issues for the week would be the liquidity scenario & how RBI reacts to it, On one hand they(RBI) raised crr to curb liquidity & now they are watch full again as liquidity has dried up. In last week issue TrendCalls Team mentioned that Fed bonanza would had been discounted by the markets already & now the markets are back to reality mode & the correction of the excessiveness already in place. In our view markets & Nifty are sideways till the next big trend emerges. Volatility will remain high triggering stop losses for traders on both sides. 

Views given By TrendCalls Team

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