Rally in Global Markets

commodity including crude oil prices have rallied on the back of better-than-estimated corporate earnings . It has increased confidence of risk takers in the global economic rebound.

Bernanke statement “On balance, the incoming data suggest that growth in private final demand will be sufficient to promote a moderate economic recovery in coming quarters,”also eased the concern .

On CRB Index Sugar and Crude Oil futures have rallied more than 2.0 %.

Cairn has support at 300 and resistance at 315.

Balrampur Chini has support at 93 and resistance at 106

RS Software has support at 48 and resistance at 65-68

Have fun keep your volume low and trade well