Thursday, August 13, 2009

MARKET TODAY 13.08.2009





Market clears the important hurdle, once again at 15160-15300 & 4480-4540 under the shadow of Global Cue, which has encourage Bulls to go aggressive and trap Bears.
Riding with the Bulls is advisable, as this should be a challenge to recent high. However, this (follow-up) needs to be a very cautious, i.e. with strict discipline and selective, as it is a vertical move and lacking the volume.
For this one should remain positive above the 15400-300/4560-35, as these are the crucial levels Sensex & Nifty need to sustain for the ongoing (fresh) positive bias
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