[sharetrading] World Markets

 

Through out this week, most markets showed extreme caution to any further upmove. Anyway the markets are in trending region, hence one should continue holding good stocks. Sectoral rotation is taking place. Now, who knows, which sector will play next week......... Maybe metals???
Nifty is near a major resistance trendline. Till market zooms past this resistance, the agony of narrow range would be seen............... Anyway with the market being in trending region, there is no worry to ST positions.............. that is the way I see it for now..............
The leader of the pack - US markets remain strong this week end also.........

Abe

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