3:06 PM - The Indian market is showing relative strength compared with its global peers, says Ambareesh Baliga of Karvy Stock Broking on Zee Business. The downside looks limited and Nifty is unlikely to go below 2650, he says. Nifty is likely to be in a range of 2700-3000, he adds.
By 3:24, it breached 2610.
Moral is Technical Analyst are as good as we laytraders.
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Not all analysts are poor.. these TV channels dont have any good analysts.. for which they have to pay more to these analysts, which they dont do.. good analysts are making money even in this free fall market