WHAT A DAY

Markets never broke the 2630 levels given b4, tested the base and then moved straight over the pivot 2690 for a run for the resistance ie 2750-60 zone..HOWS THAT FOR A RANGE CALL...The bias seemed distinctly negative today to many , and they went short , got trapped and had to pull the STOP LOSSES in the end ..longer timeframe in intra day charts was warning from the morning of a move up, despite negative cues,thats why had cautioned friends visiting my blog to be careful of this volatality and that will damage the mind and pocket...anyhow good profits again for intraday traders(a few of my friends included , trading with me today) following technicals/ charts..lets see , tomorrow again is a new day..cheers.

UNDECIDED

Markets are undecided about their direction, due to lower participation near resistances...& also still not convinced about leaving the lows behind...The pivot for today is 2690 zone with 2580-90 as a support zone and 2750-60 as resistance zone ..Keep your trades on lighter side till markets make a decesive move.We are into the last 2 days of settlement and can witness swings , so trade intraday carefully so as not to be whipsawed either way.,,happy trading ..cheers.