Tuesday, October 14, 2008
SMART RECOVERY TO CONTINUE.....
Bulls trying to tell: "We are DOWN, but not OUT". Yesterday, market rallied up smoothly from severly oversold region, absorbing all the sales and overcoming resistances. Bias remain positive today with target of NF 3615- 3674- 3715. Strong resistance at NF 3758. Support for this wave will be at NF 3487.
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