Thursday, April 7, 2011

Thursday Trading Tip: Expected Bearish Tone if Fail to break 3400

Assalamualaikum...

Hi traders,

CPO ended higher on Wednesday at 3376lvl with moderate volume traded. Major trend still in downside zone (very toppish for the -ve territory)....Likely bullish tone will significant if CPO level can sustain above 3400. Downside tone may develops if open <3365 and close <3350. CPO may upside bias if open > 3385 and close >3400. I'm expecting CPO may play 3330-3400 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents
"THE POWER OF SNIPER SAWIT"

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