Thursday, December 9, 2010

Tuesday Trading Tip: Hoping of Bullish

Assalamualaikum,

Hi traders,

CPO lower higher on Wednesday at 3594lvl with higher volume traded. CPO seems to test back 3600 level towards it journey to 3700. CPO may further upside bias if open >3590-3610 and close > 3610. CPO may downside bias if open < 3580 and close < 3550. Major trend is upside bias with minor correction towards 3650-3700. I'm expecting CPO may play 3580-3650 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents

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