The Markets have been trading in the range as shown above(2750-2880)..The speedline resistance also suggest that cross of 2880 will Take the markets upwards , as it also made swings which were higher lows/higher high ( again watch 2880 after reactions..)..2950 or below will give a reaction again, The supports which the markets take then will unfold the market moves in coming times....BIG BUYERS still vary( low volumes) and will watch close over 3240(in case of sudden rush upwards) to initiate trades..The stimulus package & its reaction also gets over by Monday/Tuesday..Hope this helps all for trades next week..enjoy the weekend..cheers
Saturday, February 7, 2009
WEEKLY TECHNICALS.
The Markets have been trading in the range as shown above(2750-2880)..The speedline resistance also suggest that cross of 2880 will Take the markets upwards , as it also made swings which were higher lows/higher high ( again watch 2880 after reactions..)..2950 or below will give a reaction again, The supports which the markets take then will unfold the market moves in coming times....BIG BUYERS still vary( low volumes) and will watch close over 3240(in case of sudden rush upwards) to initiate trades..The stimulus package & its reaction also gets over by Monday/Tuesday..Hope this helps all for trades next week..enjoy the weekend..cheers
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment