Following the reversal of friday, the markets world over are with a positive bias today and we too will gap up and start moving towards the targets as given in the weekly technicals ie 2990-3020-3050. Trade the trend only as shorts once again have been trapped. But do keep in mind that we are in a BEAR RALLY ONLY..Given above please find a tentative resistance /support chart to help all of you to take your trading decesions.The Speedlines/Extension values are self explanatory targets , trade with them..Cheers.
No comments:
Post a Comment