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Thursday, October 13, 2011

Volumes A Bit Of Worry

  • The resistance slowly inching up towards 5300.Support upgraded to 5000 from 4900 level
  • After a long time we crossed and closed above 50 day average in yesterdays trade.It should close and sustain above for further gains.A weekly close is a must
  • For today's trade intra day corrections should hold 5060,Upside cappeed at 5150 for the day
  • Above all volumes are not inching up despite positive momentum.Need to see how it goes above 50 day average.Stay cautious for this week
  • Bharti should perform today


Best to your trading
Disclaimer:No positions in above mentioned stocks