Dec 2, 2010

Premarket View - 02.12.2010

Option reading index is (-) 0.63 which is down from last trading day figure of -2.98 indicating more sellers which means probably shorts are being built at higher levels. But underlying momentum inspite of such strong short buildup is upwards..Expectating volatile trading day touching 1.5 to 2 std deviation.

 
 



On Standard Param
Price Tenkensen Cross. Resistance at Kijunsen 6014. Target can be Span A line at 6110.

On Short Term Param
Price kijunsen cross. Resistance at Span B 6110. 




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