Friday, July 13, 2012

50:50 Little sweet little sour!

Markets are hanging by thread so are the bulls, and weekend has potential to swing equation. We remained biased long because some of our internal breadth indicators are indicating, bullishness+ yen&dollar look toppish. As long as bank nifty holds closing above 10520, stay long and stay sweet.

Will post charts over weekend, on further analysis.

Warning : On whole sector basis sugar is showing sustained bullishness

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