What Charts Tell

RR Financial Consultants

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Outlook-

The week ended on Dec 24 ,2009 kept bulls in cheer full mood. The intermediate downtrend was negate in the last two trading sessions. Few stocks have been correcting while man y were stil showing strength. TheĀ  indices pulled back sharpl y on Wednesda y to bring the bulls back in control. The up move continued on Thursda y as the Nift y m anaged to touch new 2009 highs .Currentl y as not many stocks and sectors are correcting, the possibilit y of the weekly supports holding on are high.

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