stalkstock

Nasty Closing

Short
DFM:DFMGI   DFM Index
Market was trading around 2155 in last 5 mins of the session it dropped 20 points nearly. It clearly indicates market is not confident and did not want to hold any positions till the election fever is over. Its better not to trade when there is big news coming up in the market which can effect it. Tomorrow election results will start coming out lets see how the market reacts to it. Market is in a serious downtrend the next support is 2135-20 level i hope the market takes a bounce from there. Looks very bearish!!

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