Friday, August 20, 2010

Correction is Coming...


Indian equity market is their 31 month high backed by banking and financial services.The level of 5540 is the upper limit of channel and market,it will not be easy for the market to scale new high ,markets are looking light,and a small correction is around the corner.
The global market is not supporting ,the last two day of previous week American and European market is not giving enough signal from the buying side.
I recomed that the coming correction should be used as buying opportunity because second week of September will be good and we will new high .

No comments: