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12-27 Market Analysis

Light volume day as expected. This week is suppose to be the low volume  week and may not have major movement as we will see less participation from big funds. All major stocks also have the  light volume day as well. I don't see much change in the market leader.

Nifty is at the key level and in past we have seen major jump from this level also without major volume.

SPX is standing at the key resistance level and we have seen major fall from this level so its a interesting situation. Today there hasn't been major activity in SPX as well.

Looking at this situation, i don't expect to have major changes in the market (unless we hear something from Europe :) )....

This should be a very light day.......

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