Wednesday, April 29, 2009

BIRLASUNLIFES INVESTTIMES ARTICLE

The latest article in March issue of INVEST TIME on page 16.this is on RSI.
http://www.birlasunlife.com/distributiontsetIMS/new/Investime_March_09.pdf

RESILIANT AS EVER

Markets once again moved up stayed around 3440 zone for the whole day to make a decesive move at the last hour to give another spectacular close for the april series..We are again close to the tops of 3520...The long weekend would have made most close their positions and take trade with a fresh mind from monday onwards with 2 days holidays ahead..enjoy the long weekend..cheers.

SOME RETRACEMENT

Markets will open up due to global cues today & will retrace some of the sold positions of yesterday. It could be volatile due to settlement , and also with the long weekend ahead , participants may like to trade and carry light over the weekend. With a gap up on open market may not do much, 3420 zone is a watch area for today..enjoy the trade.. cheers.