Indian Stock Markets this week..

If we go by what the indian stock markets had to say this week of the global economic turmoil, it was quite clearly a gloomy outlook. Both the Indian stock market indices Sensex and Nifty were on the decline throughout the week and went down past their respective support levels. Now it would be interesting to see whether Sensex goes down and breached 16000 mark.

I am an optimist and would for sure look for some bottom fishing. Now the most interesting and speculative aspect is to predict the bottom. So i would say happy Fishing..