July 3, 2008
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Due to technical snag, we couldn't post for the past 3 days. Problems are to be fixed sooner or later. May be you can expect a new post tomorrow.

Investors, who are averse to risk avoid trading at least for 40 days. Technical analysis may not work well in this market. Markets are driven more by news than technical analysis.

Market is expected to bottom around 3550 to 3800 levels. If this level is broken, then we're in a bear market.

International crude prices or currencies would set a new trend in 2 trading days. They might set the next short to medium term trend.