Muhurat Trading: October 28, 2008
(6:15 pm to 7:15 pm on October 28, 2008)
With +ve sentiments of Divali all over, expect the +ve open at Muhurat trading. The opening bells of Dow would initiate a sharp up move here too from the period post 06:30pm IST and the ‘intra-hour’ traders have better to buy at open itself & cover at cls.
Since this uptrend would prevail on oncoming Wed too, one may carry long / call overnight for good profits on Wed.
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DISCLAIMER:
Investment in stock markets is very risky(so it is always better to advise others than trading own). Any analysis is not 100% accurate and for best results, always check charts (?) before investing or trading. No responsibility is assumed for any adverse consequence resulting out of acting on them. Lastly, the blogger may have positions (opposite too) in the trades mentioned in this blog.
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