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IndiaMCX Market Updates 18th Dec 2008

18 Dec 3:40am
Posted by fingad
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IndiaMCX Market Updates 18th Dec 2008 - by IndiaMCX

H! Friends,

Yesterday Whole Market Plunged Heavily 4rm Its Top & Today Opened On Lower Zones One Bounce We Had Seen & Now If Market "Break/Holds" Below Day's Low Than We Can See Good Profit Taking in All Counters Till Europe Closing. After U.S. Opening We Can See Huge Volatile Move in All Counters. Today After Another Round of Selling We Can See Some Bottom Formation Process in Base Metals; Specially in Copper But It Doesn't Mean That U Can Buy Copper 148.

OPEC Decide 2 Cut The Production 4rm January 2009 So Its Indicating That Still More Pain On The Way of Bulls. Also Crude Oil Broken Major Longer-Term Support of $40 Now It May Slide Badly in Coming Days.

Disclaimer: This Research Report Is Prepared 4 General Information. Opinions/Estimates Contained Herein R Subject 2 Change Without Notice. The Data/Information Herein Provided Is Believed 2 Be Reliable But IndiaMCX Advisory Services Does Not Warrant 4 Its Accuracy/Completeness. IndiaMCX Advisory Services Or Any Of Its Employees R Not Liable 4 Any Action Taken By Any Party Based On The Above Information. This Material Is Not Intended As An Offer Or Solicitation 4 The Purchase Or Sale Of Any Financial Instrument. Special Note: Short-Term Trading May Results In Huge Profits in Commodity Futures; All Positional Traders Die's Its Our Personal View.
 
If You Need IndiaMCX Market Updates in Your E-Mail than Just Click the Link http://groups.yahoo.com/group/indiamcxmarketupdates

If U Need IndiaMCX Market Updates On Ur Mobile Phones Through SMS Than Join me on my SMS GupShup group: http://www.smsgupshup.com/groups/IndiaMCX
  • To join the group online - click here
  • To join from your mobile phone, SMS "JOIN IndiaMCX" to 567678

Regards!

Bharat

IndiaMCX Advisory Services
Baljeet Nagar, New Delhi-110008 (INDIA)
Vodafone: +91+11+9811526475, +91+11+9873068342
Vodafone: +91+11+9999338404, +91+11+9311839565
Reliance:  +91+11+9350535391
E-Mail: indiamcx@yahoo.co.in, indiamcxonline@yahoo.co.in, indiamcxtechnicalanalyst@yahoo.co.in 
Visit Us: www.indiamcxonline.com

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