Thursday, July 22, 2010

Thursday Trading Tip: Bulls vs Bears

Hi traders,

CPO ended higher yesterday at 2457 with high volume traded. It looks like CPO may test 2450-2480 today if open > 2454-2465 and close > 2460 and bullish tone may develop. But CPO may downside if open < 2445-2435 and close < 2435. However major trend still in upside biased. During trading hour, CPO may up & down to make it correction towards bullish tone. Please take your position nicely......

Happy Trading.....

Just my 2cents...

Thanks

 

No comments:

Post a Comment