Sensex

Thursday, July 15, 2010

[sharetrading] us uk



UK whipped down after our market close yesterday, but US pulled it back up. Presently a whip up and down is seen on ID and day charts. So the strategies are selling at highs and buy at lows. With a bias for an up move.

As of now expect market to open positive and move up, but be cautious – upside seems capped. So long entry still valid for now.

A tentative idea forming is to take an ID sell at a high, to CF if close negative. Present max target on down side 5325.



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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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