Despite the fact that the external news background has now become more favorable for the bull than yesterday's, it is unlikely we will see an active and continuous growth of Russia's quotes throughout the day.
For last trading session, many stocks have become not only a visual way, but came to the local levels of resistance. The apparent growth of quotations, we can observe only in the case of the breakdown of symbolic boundaries, which are located at a distance of 0,5 - 1% of the closing levels of the major indices and the blue chips.
Therefore, in our view, it is logical to try to short-term to play for the Bears, but without any fanaticism, and only a quarter of possible borrowing.
To open a
short positions, we would have chosen the paper LUKOIL or MMC
Norilsk nickel - they go well, allowing the speculators did not wait long Profit.
shortly interest to short may be a paper Polyus Gold. These shares are fairly unusual tool for the bears, but nevertheless, they are very vulnerable in terms of technical analysis, if they can not resist over 1,270 rubles abroad (long-term downtrend line from May 2008, punched in last Friday).
In which direction would you not take positions on these shares, remember that necessarily need to monitor the behavior of quotations produced by the main raw material. If gold contracts will beat the record in March 2008 (1030 dollars per ounce), then save short positions in shares of gold mining companies would be extremely risky.
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Hryvnia relives devaluation pressure ...
Course at the bottom
Forex - results of the day at the market
On Tuesday, the market is not expected to yield significant macroeconomic indicators, trades are supposed to be quiet
Shares VTB and Sberbank will continue to climb, which began last night, better than the market will also be paper metallurgical sector
Quotes of the ruble against the dollar and the currency basket of the MICEX today are 31,42 and 37,52 respectively of the ruble
Shares Russia's banking sector can save a wave of growth, which partly contributes to the growth of their ADRs
Today the bulls once again will try to break the 1,130 point mark on the MICEX
Opening of Russia's stock exchanges is expected with a slight gepom up on the RTS
Growing demand for shares of global financial companies will be able to support Russia's banks' securities