Tuesday, December 14, 2010

Tuesday Trading Tip: Bullish tone


Hi traders,

CPO ended higher on Monday at 3722lvl with low volume traded. Bullish tone was significant during PM session and breaks 2700lvl . CPO seems to test 3750 level towards it journey to 3800 today. CPO may further upside bias if open >3700-3730 and close > 3750. CPO may downside bias if open < 3680 and close < 3650. Major trend is upside bias with pullback towards 3800. I'm expecting CPO may play 3750-3780 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents

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