Wednesday, May 27, 2009

POSITIVE AGAIN

Markets globally are positive and SGX NIFTY is suggesting a gap up opening..Markets tested the near supports 4080-90 ( good supports lie in 3995-4020 zone) & will move back to retest the tops before resuming its journey back..area to watch is 4210 closely over which 4280-4310 zone..Failure to cross any of these zone could invite further liquidation by smart money..Volitality can be there due to settlement, non technicas players should be light in trades and with strict SL's..enjoy the day... cheers

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