Link to India Stock Tips Facebook Link

Monday, May 10, 2010

Excited Reponse from everywhere

Dear Investor,

Watch the live 30 minute chart

All the markets across the world gave very excited response to greece bailout. Well received everywhere. This kind of response was very much expected. Those who just closed out recently have jumped back into the ship. The fear of missing out on next rally is really high. So no game plan, make money quick folks are back on board at whatever price the market maker asked for.

We will not predict what will happen next. We know that maket needs to base out ( trade in small range for some time) before a serious up move starts.

I have posted 30 minute chart on this post. We could see easily that we are now testing 150 red line resistance. We will watch if it hold above this line and starts to trade above 150 red line on 30 minute charts. That will push us to short term positive on market.

Thanks

Anil

Got a Question/Send your contributions for other members:

email:indiastocktrend@gmail.com

Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

No comments:

Post a Comment