Thursday, May 14, 2009

GLOBAL PROFIT TAKING

Ahead of our weekend event of RESULTS, profit taking set in yesterday despite huge volitality..Markets will open down as suggested by SGX nifty , care should be taken in the sudden dips & try to be on the right side of the trade ...3520-40 zone may provide some support for a bounce back to 3600-3620 area & below that is 3480 area..Trade light & in direction for next TWO days to let the event pass...Volitality will be there on either side..cheers..

No comments: