Jan 18, 2009

market outlook in this week (19-01-2009): be and make

Remarkable performance, again achieved all the targets. I would like to remain in the bearish tone for this week also. This week is very crucial for the markets, in this week we are going to have some important results which can dictate the direction of the market.

Go short on every up move keeping a stop loss of 2960 aiming T1:2755 T2:2700 T3: 2640if it closes below this level which is clear indication of retouching the October lows with a pause at 2525.

With thanks
Be and make

No comments: