Market Outlook for 03 October 2014 Subdued selling pressure may - TopicsExpress



          

Market Outlook for 03 October 2014 Subdued selling pressure may mark the day’s trading following a recovery in Wall Street, after ECB bared its asset purchase program to boost inflation & jumpstart the euro area economy. Investors may also search for new leads with the US Fed’s bond-buying program set to end this month. Locally, traders may consider the recent selloff a good opportunity to take position in bargains. Immediate support is 7,170, resistance 7,220.
Posted on: Fri, 03 Oct 2014 01:17:42 +0000

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