'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Saturday, November 26, 2011

The market doesn't show any kind of positive movement based from the chart shown below.

Though a light volume was registered last Friday's trading, but the sentiments reflected on the chart speaks for itself.

The market seems looking for a "motivation" to move upwards.

It breaks out in the open but went back from its original price in the close.

Lack of conviction from the participants.

It is still a trader's market.