Weekly Review for the Week 15th-19th November 2010

We said 'Technically the market is in a buy mode and we are shy by just 18 points of the all time high a) the market has run up too fast in the last 5 trading sessions b) the bar generated is a doji star which is an indecisive bar capable of stopping the upward movement and so now if the market has to go up then it requires tremendous strength which I doubt it and so I would not rule out a consolidation if it happens'


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