Thursday, September 30, 2010

equities

spx has broken on the upside of 1150 without going below 1125 inspite of repeated tries .this ofcourse is on expected lines. now a good march forward should be there as outlined before.

indian mkts, sensex should continue upwards. it gave till support today and so ideally shouldnt give much of a chance. banks have been silent for a while and should lead the next leg up as they have done before.settlement expired at just the right levels and between 6000-6100 and was one of the heaviest settlement.

oil has moved up from the time i thought it had made a low.


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