Image by Martin_Heigan via Flickr
HI EVERYBODY,A VERY GOOD MORNING AND A HEARTY WELCOME TOU OUR NEW FAN CLUB MEMBER, MR. PRAKASH.
YESTERDAY, MARKET GAVE A BREAK OUT FROM 50DAYS MOVING AVERAGE AND LOOKS GOOD NOW, BUT YET THE LEVEL OF 15600 IS VERY CRUCIAL. THE WAY MARKET HAS RISEN IN A FEW DAYS, IT SEEMS THAT IT WILL BREAK THIS RESISTANCE AND TRADE UPWARDS. THE GLOBAL CUES ARE VERY SUPPORTIVE. HOWEVER, OUR MARKET IS IN OVERBOUGHT ZONE AND ANYTIME CAN SEE SELL OFF. PERIODICAL PROFIT BOOKING IS MUST.
LET'S MEET WHEN MARKET OPENS,
REGARDS,
JAGRUTI.
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