One fundamental investor was getting exasperated by a young (and green) technical analyst's argument that technical analysis is best and fundamentals do not mean a thing.
The fundamental investor finally had the last word when he summarised his view on technical analysis with the following - technical analysis is like Janus-faced person who calls a woman 'sister' in the morning and 'wife' in the evening.
(Note: The original dialogue in Hindi sounded much better)
Saturday, August 30, 2008
Wednesday, August 27, 2008
Markets on 28-Aug-08
Markets expected to be even more unpredictable with expiry coupled with weekly inflation numbers.
Key support/resistances for the Nifty are 4230/4260 and 4340/4400.
Our target for Sterlite was met at 620 and 630. We reiterate buy on Sterlite with same targets. Exit out of Maruti call. Continue to hold RPL with a medium-term perspective keeping stop-loss at 154.
Subscribe to:
Posts (Atom)