Sensex

Monday, June 07, 2010

[sharetrading] ASIA

 

It appears that the volume trade yesterday was very light, relatively 20% lesser. Which leads me to believe that as of now down side is limited.

The cues indicate an intra day rise. Or if in a gap up opening a down side spiral. Either way a positive day or so it seems.

5040-5090-5150. Play positive abv each with these as SL….. Or an ID signal….

Bounce now seen could turn out to be a dead cat one if 5150 is not breached.

Max low expected 5015…………. All values are spot 5034 CMP

 

Abe

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