Wednesday, September 15, 2010

Friday Trading Tip: Bearish Correction

Assalamualaikum....

Hi traders,

CPO ended lower today at 2615lvl. Bearish tone was developed today confirming yesterday bearish engulfing pattern. CPO may further downside bias on Friday if open < 2620 and close < 2600. But it may upside bias if open > 2640 and close > 2650. Take your position nicely...

Just my 2 cents

Happy Trading...

Wassalam....

1 comment:

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