July 29, 2009

Low fuel warning

Markets lost it's upward momentum. Lot's of announcement, argument during market hours making it tough to take a trade. World markets are also under going flat trading days. But remember one thing, none of those markets lost their gains.

Low rollover suggest covering of positions. This expiry will be important. But a close around 4665 is not yet ruled out. Avoid trading today if markets plays between 4524 to 4617.

Important direction points :


4504 - 4638


Break out on either side will provide us a direction.






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