Seeking Alpha

moneyvistas'  Instablog

moneyvistas
Send Message
Hi iam Chandrasekhar.I am a self trained Technical analyst and Financial advisor.Investing and trading in indian markets from last 5 years.Giving advise to people on technical basis,Running live chat room during market hours and I offer nifty futures premium services.call me at 9342455559 My web... More
My blog:
MONEYVISTAS
  • SHANGHAI WEEKLY OUTLOOK 0 comments
    May 9, 2010 1:58 PM
    Source : http://www.moneyvistas.in/ \
    Click here to read about previous post on Shanghai.Which was clearly written about correction.


    Pivot ----- 2739
    Support ----- 2615/2542/2418
    Resistance ----- 2812/2935/3009


    From 2918 level we have seen 8.5% correction on Shanghai market.In next few weeks 3030 to 3060 is Tough resistance.


    First resistance at 2890 level.


    Downside strong support at 2640.Below this level 2565 is support area.
    Coming week we may see positive weekly close on Shanghai market.


    Cheers & Best to your trading


    Disclosure: no positions
Back To moneyvistas' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.