We have had a good pull back & now 4913 level is crucial, if we break we may see further downside, on the upside a break above 5300 will see the rally continue, but caution & strict stop loss on long at this moment... within next 2 days we should atleast go above 5080 to revive the momentum.
Following was written on Feb 4, 2008: "So let's foresee a typical conversation in time to come: "Hey look at IT rise, I always knew we should have bought Software stocks" by that time usual case maybe that software rally may be peaking..."
Now everybody is advising to buy IT stocks, where were they when Infosys was 1200/1400 ?
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This blog is about Random Thoughts, Random Charts, Random Reasons... Post hoc, ergo propter hoc = Latin for "after this, therefore because of this", is a logical fallacy (of the questionable cause variety) that states, "Since that event followed this one, that event must have been caused by this one."
3 comments:
Hi baron, wish u a wonderful festive season!
Hi, Uma, wish you too the same with much more added wonderfulness :) Thanks
Hi Baron, got any stock recommendations? Unitech seems to be a winner...!
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