Sensex

Wednesday, June 23, 2010

[sharetrading] ASIA

 

ASIA seems to be mostly sideways. With an upward twist.

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

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

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