BLACK FRIDAY

Not much to say except total abject, surrender & capituation..heading towards a frenzied end.. No one thought we will come this far so fast..Support after support went crashing down..As there are only seller and no buyers , something dramatic will have to be done by GOVERMENTS to stem this rot. we are below the june'06, levels today , Prices at much more lower than at those levels ..Bad end to this SAMVAT..This is despodency at its peak..Take care ..cheers

BOTTOMING OUT

Markets will be bottoming out soon as this looks to be the last stages where everyone has just given up on the markets and despodency set in now with absymally low levels are being proposed..The Andrewspitchfork above is showing a tentative target, and this is matches & will join with a very strong multi year support line (2750 ) around which the markets can take support and give the much needed relief rally..Samvat trading is on tuesday and a turn of sentiments may be in offing soon. look at the support lines provided in the chart to plan your moves and calls..take care cheers...