Thursday, August 5, 2010

Market Review and Tips

Now we have maximum possibility of market crossing 5500 tomorrow after having gap up opening but i doubt the sustainability of it above 5500 so it is advisable to short market in gap up opening and take some quick profit.FII’s are buying and DII’s are remaining cautious but why ? a question must be answered.Dow looking overbought and our market is going to be.a caution for buyers but shorters should start making positions.market may react tomorrow as per these levels 5383-5405-5436 supports and 5490-5512-5543 resistance.
SELL ALLAHABAD BANK FUT ABOVE 202
GOOD LUCK AND ENJOY…………

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