[sharetrading] ASIA

 

Asia seems to be in the red. Hence at best a sideways move is expected. But the signal to run is existing on NIFTY. Treading range is minimal 5275-5250. Abv 5290 uptrend is expected on daily charts. Monthly break out is abv 5270. As long as markets is abv 5200, the monthly trend for January is intact. Above 5500, all effects of 2008 market reversal will dissipate.

 

Abe

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