Wednesday, December 17, 2008

POSITIVE ALL AROUND

Markets world over now just looking at any small good news to keep the gains going and taking markets into a overbought zone. Well this is what a Bear Market Rallies are all about. Fact is IT cannot defy gravity forever. Book your profits and sit back, let it cool off and give a good dip for you to enter again .Watch 3148 NS as that is a strong resistance for this ride. Positional traders can take small reverse trades on signs of weakness. Supports lie at 2945 & deeper down at 2860 zone.Happy trading ..cheers.

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