Market appears to be loosing this rally as it is barely hanging in the resistance zone. But that should not be a surprise to readers of this blog. BUT where is this headed and are you aligned properly?
Absolutely boring market, not doing anything except move within a very narrow range which happens to be resistance zone. Nothing much to get excited about so far. What does it mean for us?
Beginning of every year we have following concerns:-
Market has absolutely done nothing in last three months except choppy performance. It made a NEW HIGH during Diwali but failed to breakout successfully. As of now it sits inside resistance zone and not providing directional change anytime soon. What does it mean for us?
What is your opinion about the markets in 2014? This will provide us with general market sentiment, lets see what we all think about the market in 2014.
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