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

Tuesday, July 24, 2012

Monday's Market Conclusion

The market drops hard Monday due to negative reports coming from overseas.

It recovers from the deep hole till the close but was not able to reach the previous close.

I guess it will be on the range/consolidation mode in the coming days.

Right now the market is on the steady range, let's see how it goes.