Friday, February 26, 2010

American market - 9.15 Update

NASDAQ & Dow Trade in very narrow range

Little positive

may be American Market take any direction

in last session of trading hour

I feels its close above 0.5 % gains

probability also close current level Flat close

Pre- American Market - View tips Commodity

American Market will open positive this morning

Last trading session Market recover from lows

Today Trade Positive but in small range

Commodity also consulate this levels

Watch - Zinc , Lead

Market likes Budget

Indian Market now trade in positive zone with strong buy

Market like Budget that's now trade very positively

This time Market looks good and market direction towards positive side

so hold long positions for more time

Chance to gain more in last session of trading

Market update - 11.15 am

Indian Market trade positive in expectation of good Budget

That's Nifty still trade more then 30 points gain

But Take lots of precaution this time

My opinion is just watch market this time

if buy or short with stick stop loss

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