So, today markets made the u-turn and hit 4300 as assumed yesterday......Today's futures resistance was at 4330 and I had told that in our community in Orkut.....Its called Reasons and Reflections......I keep on giving live calls in the thread called Daily Messages IV.......
Tomorrow is the July expiry date.......Given the momentum today and quite a good long rollovers, I expect futures to open above 4352 and proceed towards 4400 and 4460........The pivotal point will be 4460 which acts as the stiff resistance level in futures.....So people who are carrying longs may continue to trade on the long till that level.....If 4450-60 is reached tomorrow, then its better not to carry any long rollover.........
Tomorrow is the July expiry date.......Given the momentum today and quite a good long rollovers, I expect futures to open above 4352 and proceed towards 4400 and 4460........The pivotal point will be 4460 which acts as the stiff resistance level in futures.....So people who are carrying longs may continue to trade on the long till that level.....If 4450-60 is reached tomorrow, then its better not to carry any long rollover.........
1 comment:
Hey Buddy its really nice ...
I really like all Levels whcheve u giv ... Specially on Crude its jst Fantastic ...
N i know thr wld b ThAnKs From ur Side but don do tht cos ul get really vry Tired To Say thanks to Evebdy ... Cos u jst Hit Vry Hard on Bulls Eye ...
Plzzz Keep updatin On Crude ...
God Bless Ya ...
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