Thursday, October 29, 2009

SETTLEMENT BLUE

What a end to october series..Despite calls of 5300 & above settlement ,we settle at monthly support of 4750...We are trying to take supports in this zone to bounce from oversold positions..Shorts should be avoided and select stocks which ppl. like can be bought for a small bounce back next week..Markets deeper support is in the range of 4670 ..resistance will be 4900 zone..from where the breakdown started.enjoy the day cheers.

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