Monday, March 2, 2009

WEAKNESS ALL AROUND

Markets just about crumbled all around Asia and then in Europe, giving us a weak close too. It just teased the the old low of 2661, closing a tad above that..opening and closing time put pressure on the markets to sell out..Markets are at crossroads, any further push and it can head straight down towards 2550 levels if global cues do not help..and if it takes supports here can just about move back and retest 2750-80 maybe again..gap ups/ downs not helping traders at all..trade with care in the coming days..cheers..

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