TRW MARKET REPORT FOR 2ND MARCH 2010

SIDEWAYS MOVEMENT FOR NSE ASI.....

It was a sideways day for the NSE ASI, closing up by 24 points, making it the 2nd consecutive positive day.

Not unusual for the market to trade largely sideways for a few days following huge single day rallies or ditches. Even though volume continue to lack as today's market action remained largely Bearish during most hour's of trading, Until 30minutes of closing when Buyers came in to complete mandates not given at lower prices.

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This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. TRW accepts no liability whatsoever for any loss arising from any use of this expert or its contents.
 
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