pax1, markets, nse, bse, dija, dow, S&P,gold, rupee, pmi, tata, reliance,
The Indian market has the penchant for sniffing bad news any where and following it. Europe opens and tracks it fall too...the reason for doing so, not an idea. The European markets may be down but then it will reverse once the news etc . are clear to them...but the Indians would have sniffed some more bad news else where.The fundamentals of the market , that is its strength, potential, and the resilience are discounted.Only bad news counts.Only a person with a strong heart and deep pockets can survive in these markets. The retailer with limited capital is at a strong risk to be wiped out when caught on the wrong side.Safer to stay positional following trend lines and avoid day trading.If you have open positions then it is better to stop trading , move into a casino and gamble , most give free food and drinks..You might have better luck there.January has always been a positive month but this January is one which many would like to forget about in a hurry.