Latest market update from stockbullseye
Posted by
ATUL DOGRA at Thursday, August 28, 2008
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Yesterday Zakir bhai from stockbullseye said that today we closed at the lower end of the trading range and if global cues were not positive we would have seen a break of a range. Going in for trading today we have impressive set of positive news, it is not only U.S gaining overnight but the data was extremely impressive. It look like a classic bull trap and if we see a siginificant rally from here this should be the last opportunity to exit or short the market. Today we might open more than 50 points up on nifty and rest will depend on GDP nos . Zakir bhai named this posts as a Classic Bull Trap . I will update you if i will get more info in market time .