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24 March, 2009

bullish for some time.

23-3-2009 trading shows that markets raised very well and surpassed all the resistances. Very huge buildup in F & O section. No to any bear view for some time. Probable we see some correction that to small range in the last two days of the week. Now the trading view is buy some stocks for trading purpose. This rally may rise up to elections. Fall may be in the months of May, July, October if global economic situation degrades further. Now, US situation is just euphoria than any thing. To prove all medicines not worked time is required. In mean times we see this euphoria. We may see further that the bottom earlier formed may be a base for future bull phase. May we test the level once again but may not break.

Trade expectations: Buy calls in the April series. Or buy future and buy put next month.

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