Presently have been noticing that any position taking has been triggered out.
There is game in market only for few points. Stay with scrips w/good parentage.
Oil cues indicate a jump up. Hence mostly bulls will prevail as it is expiry day………
Weekly close > 5234, ride to 5500 is intact.
This would be 5th week of +ve close, considering 1 week neutral also to be positive. Last time 9 straight +ve close. Before that also similar numbers barring 2 neg weeks. Each time a marginal high before correction. Will it be true this time around? Indicators suggest 2 weeks near this area or above.
Abe
Happy Trading,
United we grow!!!
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