As said since last week...market is heading down. Global cues will be very important. Likely target for this downtrend seems to be around 5040. We will wait and see if this comes....
Market has formed a 3 black crows pattern which is bearish. Also notice the trendline break....Likely Fibonacci targets are 5000 - 5040
Tuesday, May 6, 2008
3 black crows on charts...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment