Tuesday, June 2, 2009

market breaks sharp upmoving trend line.

as per expectation +ve global mkts helped to break recent top of 14931, but after that we are correcting now and we have broken sharp upmoving trend line which was giving support since last 5 days.refer link. trend line is shown in purple color.
http://pankaj564.blogspot.com/2009/06/global-mkts-will-help-to-break-14931.html
today is 55th day from recent bottom. chances of top formation are high. avoid buying.

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