Sentiment Analysis Report – W/E May 04, 2012
Analysis of the market activity in the week ended May 4, 2012 technically reveals an improved market optimism and growing positive sentiments with steady active bargain tendency in the investors’ trading pattern as against sustained optimism and positive sentiments with low bargain drive observed in the previous week’s performance.
In the week just ended, continued and active bargain tendency was observed across the major sectors as market sentiments remained positive, mainly towards active and liquid stocks. However, there is concentration of active and continued bargain posture in some major sectors while mild and growing sell tendency in some unattractive sectors was noticed.
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