Tuesday, April 28, 2009

PRE-OPEN MARKET OUTLOOK(28-04-2009)

INTRADAY CHARTS SHOWS FORMATION BEFORE THE BEGINING OF ANY TREND AND FROM YESTERDAY INTRADAY CHARTS STARTED TO SHOW SELLING PATTERNS THEREFORE DOWN MOVE WILL START IN THE FORM OF CORRECTION OF MARCH RALLY.IT IS CLEAR THAT MARCH 2009 RALLY IS GLOBAL LED BY US MARKETS.INTRADAY CHARTS OF US MARKETS HAVE ALSO GIVEN SELLING PATTERNS THEREFORE US MARKETS AND ALMOST ALL THE GLOBAL MARKETS WILL START DOWN MOVE NOW.

DOWN MOVE AND RED CLOSING WILL START EITHER FROM TODAY OR TOMORROW.


(LALIT KUMAR DHINGRA)

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