Friday, February 26, 2010

Morning -Pre market View commodity

Gud morning

Today Indian market trade according to Indian budget

open flat and till 11 Am trade in very small Range

Last night American Market open very negative

But in last session recover most of Losses

NASDAQ only few points close negative

Asian market also trade little positive this morning

European market will also open positive

but Indian market take any direction according to budget

so prediction about today market is not easy

But my view after budget market recover very quickly from low level

so chance to buy in low level around 12.15 Pm

Commodity last few days correct from high level last many days

my view about commodity looks overbought but now its correct

so now some chance to buy , but better to wait for 2 to 3 % more
correction


Watch - Zinc , Lead , Aluminium

Have a nice trading session

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