power house for nifty technicals and stock market fundamentals with charts and technicals.
Wednesday, September 24, 2008
LOOKING FOR CUES
US markets were in a ding dong mode going positive-negative alternatively, finally ending in the negative.The whole world was watching the biggest write down in history being debated at the US congress, lets see what happens to the proposals in the days to come.Asia is just about flat, Sun Outage also starts today till 8-10-08, thereby leaving us with truncated longer hrs in trading. All supports -resistances are same as given below in the last 2 days and now being last days of settlement, we can expect some swings too.. US senate has approved our Nuclear deal by 19-2 vote..lets see whether this can be approved by the congress soon despite being so busy with financial crisis debate right now. Trade carefully..cheers.
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