The readers of this blog can remember our take on Shipping sector a week ago. Yesterday everybody on TV was talking about Baltic Dry Index moves which we identified on our charts a week before. Trading is all about being ahead of the crowd.
Today's ideas are REC which has come out of long consolidation support is at 200 and resistance is at 225.Essar Shipping though does not move much but can be taken with strict stop of 65 and target could be 80
Friday, October 9, 2009
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