Sensex

Friday, July 16, 2010

[sharetrading] US and other markets



US indicate that the down side could be limited. But has not confirmed that whether negativeness has ended. As of now I expect next week to see some negativeness, In my opinion US has to move down to 10K and test same before an up move is established. If today closes so, then a resistance would be created at 10360.

Hence the call for a 5400 PUT on Nifty.



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Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!




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