Sensex

Tuesday, March 30, 2010

[sharetrading] World mkts

 

DJI continues its upward march, though selling /distribution is seen in EU. I guess it is likely to repeat in India too.............
So Gap up opening sell into the highs on some signals...........Serious resistance near 5320. So this has o be crossed in a jiffy for bullish bias. supp 1 at near 5250
5275 is PIVOT and 5300 as R1. Any close abv this is viewd as continued march upwards. One may short intra day at higher levels and hold short if close below 5220. Else cover position at EOD.
Australia has opnd up. Hope the rally continues........
Tdy mkt cd close near 5290. Any move beyond this BE LONG only.........
Abe

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Posted by nsivaa at 4:34 PM

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