Tuesday, December 30, 2008
RETESTING TOPS AGAIN
The gains of yesterday got sold into in the morning around 2950 area , taking support at 2900 market traversed back to test 2990 again and closed a tad below it. Nothing much can be derived out of todays trade except that markets have come back to test its strenght, can go higher on short covering , before new year augurs some fresh buying for it to show its hand..over all a whipsaw day for traders caught on the wrong side of the trade..enjoy the day ...cheers.
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2 comments:
hi rajan sir,
here's wishing you and all your family and friends a very happy and prosperous new year, cheers!
regards,
abhay r somkuwar.
thnx a lot abhay and wishing you all also a very happy prosperous new year..cheers rajan bhatia
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