GAP FILLER ON THE WAY
September 23, 2008 29 Comments
GOOD MORNING.
DEAR FRIENDS,
GAP FILLER ON THE WAY
SENSEX HAS LEFT A BIG HOLE A FEW DAYS BACK AND U.S. MARKETS HAVE BEEN KIND ENOUGH TO SEND IN THE SUPPLIERS TO FILL IT UP.
CRUDE LIVES IT UP ON DOLLAR POUNDING BY
EURO AND OTHER CURRENCIES. A RECORD WAS SET FOR A SINGLE DAY GAIN IN
CRUDE OIL PRICES DUE TO MANY FACTORS AND MAJOR BEING EXPIRY OF OCTOBER
CONTRACTS.
EURO AND OTHER CURRENCIES. A RECORD WAS SET FOR A SINGLE DAY GAIN IN
CRUDE OIL PRICES DUE TO MANY FACTORS AND MAJOR BEING EXPIRY OF OCTOBER
CONTRACTS.
TODAY, SENSEX WILL MAKE A GAP DOWN MOVE
(AGAIN A GAP!!). GAPS HAVE NEVER HAD IT SO GOOD IN THE HISTORY OF STOCK
MARKETS, THEY KEEP APPEARING EVERY FEW DAYS. SUPPORTS ARE LINED UP AT
13860, 13740, 13600 & 13435. RESISTANCES ARE AT 14040 & 14160.
(AGAIN A GAP!!). GAPS HAVE NEVER HAD IT SO GOOD IN THE HISTORY OF STOCK
MARKETS, THEY KEEP APPEARING EVERY FEW DAYS. SUPPORTS ARE LINED UP AT
13860, 13740, 13600 & 13435. RESISTANCES ARE AT 14040 & 14160.
JET AIRWAYS LOOKS VERY WEAK AND IS HEADED TOWARDS 360 MARK IN COMING DAYS.
INVESTORS HOLDING LUPIN MAY KEEP A STRICT
EYE ON 700 MARK. A BREACH AND CLOSE BELOW WILL MEAN FALL TO 679 &
655 IN COMING DAYS. TRADERS MAY GO SHORT UPTO 727 WITH STRICT STOPLOSS
PLACED AT 731 FOR GIVEN TARGETS.
EYE ON 700 MARK. A BREACH AND CLOSE BELOW WILL MEAN FALL TO 679 &
655 IN COMING DAYS. TRADERS MAY GO SHORT UPTO 727 WITH STRICT STOPLOSS
PLACED AT 731 FOR GIVEN TARGETS.
TAKE CARE!!
BEST REGARDS,
DISCLAIMER:
[The
above recommendations are based on the theory of Technical Analysis and
do not reflect the fundamental validity of the Scrip. Author will not
be held responsible for any losses, financial or otherwise, incurred.]
[The
above recommendations are based on the theory of Technical Analysis and
do not reflect the fundamental validity of the Scrip. Author will not
be held responsible for any losses, financial or otherwise, incurred.]
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