Monday 26 November 2012

Market View 27/11/2012 10:57am

Market is in the trading range as mentioned earlier of 5630 - 5720 and from the bottom it has come to the top of the band. This is also fibonacci retracement level for the downward movement we had seen from 5777 to 5548.

Now we need to see if the buy will continue for the day today. Since tomorrow is holiday and day after is expiry, we need to be very much cautious since we missed the bus in the early morning today.

Now the news about some policy reform can keep the momentum up. 

2 comments:

  1. Useful market updates has been discussed here. Market opened on a positive note today. Traders may consider trading tips, mcx tips and more for improving their returns from market.

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