Monday, August 08, 2011

Fcpo wrrap...tech see fresh dwtrend 2850-3000





Fresh leg dw on selling in last 30 mins after sideways within Fri’s range for most of the day. Negative tone amid weaker commodity tone and equity selloff.

Renewed bearish this week till mkt regains 3020. Till then it is a new short term dwtrend move towards 2850.

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