power house for nifty technicals and stock market fundamentals with charts and technicals.
Monday, December 22, 2008
DOING NOTHING
Markets have done just about nothing , pleasing to deceive, not much conviction in the upmove as volumes were low the whole day..whats up then , markets looking for yearend clues and may dip if fresh buying does not emerge. Trade carefully and in small lots and let the settlement go past before forming any stratergy. For stock investors only buy in good dips.Enjoy the day...cheers
SOFT MARKET
Markets as a bit soft and seeking direction, we are in the settlement week where generally volitality sets in..kindly look at the weekly techs posted for trade direction. 2990 -3150 seems to be the range as of now break of either side can take us quicky 80-100 points either way..Happy Trading cheers..
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