Tuesday, 11 September 2012

TASI Trend Score




Amid falling momentum indicators TASI is looking firm on all three counts (short, medium and long). Near term support of TASI is at 7000 while major resistance is at 7200.

Today, we expect the Index to trend lower and test its near term psychological support at 7050. Breach of this support on the downside may extend the slide towards 7000 levels.

For short term swing recommendations please see the Trend Score table.


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