Thursday, October 15, 2009

DOW SET TO CHEER GLOBAL MARKET

DOW closing over 10000 mark !!! We too will gap up with first resistance on opening around NS 5163-5172. Today's Pivot is 5112 and Nf has to trade over 5144 for upward momentum... support around 5096-5108. With today's momentum, the hourly charts will go in overbought zone and may see profit taking in the afternoon or tomorrow