Sunday, December 28, 2008

29/12/2008 mkt view

its very simple to trade in "V" shape market. Easily one can predict when bull/bear will rule the market.

"V" shape its self means (\) at first line top is resistance and bottom is support if support is not broken surely market will follow (/) second line to reach resistance level or somewhat around this and will complete the "V".. now resistance is at 3150 and support is at 2770 calculate yourself and trade...

cement and steel sector not showing strengh reliance, sbin weak...

DISCLIAMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY

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