FINDING SUPPORTS OR HIGHER BOTTOMS.

Despite huge bearishness around our markets did go below 27th october, monday close, traded for some time and smartly bounced back despite repeated selling, closing smartly at days high and over 2524 the close of that fateful monday....Bulls did come in to stop the free fall , and it looked like short covering started at the end..Its was important for market to breach and go above 2575.80 today only , and it did 2582.85 in dying moments. If todays low holds for the next 2-3 days, we will surely see a decent rallyup due to WAVE C being formed from here... .Watch & trade accordingly..Most stocks from the Index were at very attractive prices again..Indicators short/medium are very oversold & TODAY WAS THE 7TH DAY OF THE FALL....CHEERS

WASHOUT AGAIN

Markets all over have plunged , and will trigger our market too to gap down.Falling markets have no supports but still supports lie in zone of 2524 and further down at 2468. Select stocks where profits were taken at tops can be picked up today/tomorrow as per your risk appetite as they will again be available at attractive prices with todays open.This is still part of the bottom formation & consolidation , where markets go and test the recent bottoms to see where participants are finding the balance.As markets this month are rewarding both ways , be a trader this whole month .Everyday market is rewarding, so no need to take risks , just follow the trend of the day...CHEERS.