Tuesday, September 23, 2008

TRAVELLING DOWN

Despite weak opening , and subsequent recovery, markets showed weakness throughout the day, thus inviting long liquidation & shorting .we are at support of 4130 and the major indicators are in the zone of 50% level looking downwards..any further weakness from here can take us doen to 4050-4000 levels quickly. Trade cautiously as below 4050 will start the BEARS TERRITORY.All those who took my call of booking profits would appreciate the levels of prices today at close. we always can buy at supports again , take ur as per ur risk appetite...cheers.

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