Friday, April 1, 2011

Friday Trading Tip: Bullish Tone Expected


Hi traders,

CPO ended higher on Thursday at 3326lvl with moderate volume traded. Seems like CPO may continue the bullish journey. Major trend still in downside zone....Likely bullish tone will significant if CPO level can sustain above 3350. Downside tone may develops if open <3310 and close <3300. CPO may upside bias if open > 3320 and close >3350. I'm expecting CPO may play 3330-3380 today. If touch 3400, it is bonus for this week......Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents

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