Thursday, May 27, 2010

equity

sensex: no sign of weakness so far even on clearing day which is surprising.so i will continue to have no position till some clarity returns.tomorrow maybe 5070 levels be a levl to watch out for.
also after one fake close it is back on closing basis above 200dema.

spx.
strength is suggestive of a rally to 1125 levels atleast and hopefully all declines to 1085 levels will be bought into.

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