Morning Briefing for Wednesday 7th October, 2009
Hope everybody enjoying the roller coaster ride
Market Bullish currently trading 9793 @ 10:24
I hope you guys noticed the Low and High of the market which was closely tested.
I am not encouraging buyers, I want all of you to split your lots and avail the opportunity of BEST BUY.
Trading and closing above 9600 may energies the Bulls tomorrow, Most of the scrip can give a chance of buying on lows and profit taking today.
I see market will see a strong resistance between 9555 and 9580.
9382 will act as strong support for the market.
Volatility will still be the behavior of the market, buying will be good in certain scrip like insurance; Fertilizer and Cement, some of the banks are still strong enough to buy.
Key Levels
9855
9725
9645
9600
9553
9497
Thanks
khalid Saifuddin
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment