Yesterday my wish for a tradeable announcement was answered with a release from BSE.
As suggested by others yesterday, there were many bounce opportunities in the resource sector and I managed to find a couple of modest trades in FAR and CAP.
LYC was a standout falling knife opportunity, but I opted for safer, more familiar ground and declined to play :)
With another weak lead from the US and weak commodities, trading today could be tricky.
I'm envisaging a lot of narrow range inside days offering mostly tight scalping opportunities.
STOCKWATCH
ITC - seems to be in play with some heavy accumulation going on. AON - buyers stepping up, with sellers from the .15c placement still obliging CPN - the gappy rise continues CUE - possible bounce play with a gap to fill
