Indian monsoons to be beneficial for state of Maharashtra
16 Jun '07
2 min read
The close today suggests that we could test the upside again, but after a week of over 300 pts in gains across the board, it seems that we may be due for a correction soon. However, if you look at the chart in attached PDF for the Z'07, even a pull back would not hurt the technical picture.
Now that the July options are no longer an issue, we will see how the market wants to respond and if it will attempt to test the 55.60 level before FND on Monday, June 25th, or pull back to support levels at 54.50 and 53.98.
marketing@alchempro.com
