What Charts Tell

Research report by 'RR Financial Consultants'
     
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Outlook-

The week ended on Oct 23rd,2009 was a painful  week for the bulls.The weak started  on a strong note but as the weak progress the market plays amid volatility and weakness following weak global markets and India’s largest corporate unresolved dispute between RIL-RNRL.Tracking the previous week performance no major trigger is present in the market to pull back to higher levels ,this would be last week for the corporates earnings ,however the  major event next week is the quarterly review of the monetary policy by the Reserve Bank of India (RBI) on Tuesday, 27 October 2009.


   
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