Market View 27/04/2009

"The only reason why we ask other people how their weekend was is so we can tell them about our own weekend."- Chuck Palahniuk

So as Chuck says weonly shares that what we expected to hear from our listeners. And we in the market only get the positive report if we are long and if we are short than all negative reports only we can see. Trader's Psychology is the greatest factor in thetrading of stock, forex and comodity's future.
Today Major asian indices oen in red and trading in negative zone. Same is expected in our market as we are much recover in past seven week. But now we facing hurdle at this level since last week. May be it's continue for short term and than we pick the direction either way. But We advise to book profit in todays trade and sit back with all relaxsation and enjoy the volatality of market when ever we break the any of the direction make the position accordingly.



Search This Blog