Monday, October 27, 2008

Indian Stocks touch real low

Indian Stocks, like others touched a real low ...PERCENTAGEWISE...

It's ALWAYS the percent loss that is important..

Source of graph... in.finance.yahoo.com ...Yahoo Finance :




My take is : The FIIs are withdrawing...temporarily investing...WITHDRAWING MAINLY...

So the BSE is falling like anything + "mass psychology" effect + global economic meltdown.

Support should be at 7000...I think. Below that is pure panic-driven numbers..

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