Thursday, June 15, 2006

SIMSCI 15-June-2006: Potential Long

I am looking at Long position of SIMSCI this morning. However, it seems to be rather weak after morning gain. My buy order is still in the queue. Nikkei is closed for first session. I am watching for second session of Nikkei to confirm intraday sentiment. Bottom line, current intraday chart formation does not suggest me to go for short.

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