Jul 25, 2011

Are the Bulls Back


Can we term as Break Out.

As expected above 5667 we got today almost near to 5703 -  5740. As of  now looks like highly OB readings and being at the top we may get a retracement till 5640 - 5615..Still US no out of the woods So Panic too may happen tomorrow.

For tomorrow Resistance lies at 5703 above which 5640 may be achieved on the contrary a move below 5642 may invite panic till 5615- 5606.


As of now Tomorrow we would see the market and take new positions.

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