Judging from the external news stripe background, shake after the weekend and quietly enter into the working channel of Russia speculators fail. As usual, will jump right off the bat. Preserve and increase with an acrobatic sketch your trading account will be difficult.
For technical analysis of oil prices, major U.S. indexes pair euro-dollar, and now the picture on the chart of gold - all spoke in support of domestic “bears”.
However, the restoration of the market on Friday evening at the many domestic schedules a hand “bulls”. The MICEX index went backto the strategic line of 1410/1405 points, Gazprom shares not only to maintain local support 178,8 /179 rubles (Line “neck” looming in mid-December figure of “head-shoulders), but also encroach on the local resistance of 186 rubles. Shares of Lukoil denser entrenched over support 1600 rubles, and the paper of MMC Norilsk Nickel above the level of 4450 rubles, ordinary paper “Savings Bank” over the mark of 84,9 /85 rubles.
Only securities of Rosneft, which is in the middle of last week, somewhere picked up a negative charge, have actively sought not for the resistance of 237.7 rubles (EMA100 moving average on the daily chart of the issuer), and to support the uptrend from November 2008 in the District 228/225 rubles.
Knowing the specific nature of Russia”s stock market, in this scenario, we do not dare open the “short” positions, provided that the tender will be opened immediately in the morning with a good gepom in 1,5-2% down. And the best will wait for popular papers have mentioned above supports. But if the shares fall into our portfolio, we are very narrowly arrange the “foot” by limiting the maximum loss of 0,5%.
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Russia at the opening of the market is waiting to move dod19wnwards, while the MICEX index will test support around 1400 points
Today, continued decline of commodity stocks, the market can look better “telecom”
In 2009, the company reduced shipments of ChTPZ pipe production by 23% to 1.131 million tons
Sberbank intends to acquire 60% stake in manufacturer”s packaging GOTEK
LUKoil signed a contract to develop West Qurna-2 in Iraq
Net profit of “Gazprom” for 9 months of 2009 under IFRS was reduced by 33% and amounted to 470 874 million rubles
On Friday, the U.S. stock market dominated by pessimism
The U.S. dollar continued to strengthen steadily against the European and “commodity” currencies
Review of the FOREX market for 29.01.10