Tuesday, April 5, 2011

Tuesday Trading Tip: Bullish Tone Continue Expected if Open gap Up


Hi traders,

CPO ended higher on Friday at 3382lvl with significant low volume traded. Seems like CPO starting to continue his bullish journey. Major trend still in downside zone....Likely bullish tone will significant if CPO level can sustain above 3400. Downside tone may develops if open <3360-3365 and close <3350. CPO may upside bias if open > 3370 and close >3380. I'm expecting CPO may play 3340-3420 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents

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