THUMBS DOWN IN US.

US markets gave a thumbs down to Mr Obama start of Presidency..the event is over and gives freedom to markets to move on from here..There is no great/vicious melt down so far like october'08..the range still is 2700-2800-2900, Traders are trading this range on both sides..it has to be taken out either way soon and that move could be fast furious..be careful and play your positions with very strict stoplosses..donot average your loss making deals specially in nifty options..cheers..