Another day of trap. I wonder what kind of money must be playing to crash the markets the way it has after raising it. Am also sure that many brokers are also involved. Hope SEBI looks into the dynamics and will find definitely short selling is going on in a big way last few days….. in combination with
Anyway, markets have given the thumbs up till 1 hour charts. Even though 1 hour is in up mode, it is facing a resistance.
Sugar is now up 2.7%.
Oil is up near 3.6%. Which is another indication boom time is here. But still there are resistances on the way up.
Target now seen is 5116 or near. Abv it is smooth sailing. RT take chance with 4967 as SL.
Abe
Happy Trading,
United we grow!!!
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