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Wednesday, October 15, 2008

mix cues......

yes as predicted fall taken place...
now...??? for tommorrow there are mix cues..
1) at this moment us market is deep in red...
2) we are towards new low already, if 3300 breaks then no way....
but
1) RBI has CRR cut by 1%
2) we are nearly 61.8% of fall to earlier rally
so which cue will works?? that thing will decide at least thursday's trading.
actually market is not in a mood to listen any good news so it seems that CRR step will not help....
let's see
if gap up then again chance to short @ 3450
i am short as of now.

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