Wednesday, July 1, 2009

MONTH AHEAD

Another signature of Monthly lower close took place yesterday, so lower settlement & monthly close. the S/R for JULY MONTH should be around 4400 with a Trading Range of 3900-4900..Momentum stocks bore the brunt of unwinding , range on lower side got breached yesterday , so for the day look at 4250-4350 range..lets see how markets move in the coming days..trade with the INTRDAY TREND..with strict SL will work..enjoy the day cheers.

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