The technical analyst would opine that the stock market and most stocks are in oversold territory; and therefore an upmove is expected to occur.
However, as the nature of the global financial crisis has its root in fundamental factors; it has affected all markets. Some of these markets are the epicentre of the crisis while others are faced up against colateral damage caused by the bulk selling by FIIs and other foreign entities.
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Will Indian share market rise
Avijit (Exceutive) (24 Points)
10 April 2009