Wednesday, April 22, 2009

RANGE BOUND STILL

Markets still moving in 3400-3300 zone , making lower highs/lows..closing in the negative today. Serious selling still not emerging and intraday dips still bought into..Caution from now onwards for any close below 3300 will trigger massive unwinding of longs & long awaited correction will set in..close above 3400 now can maybe resume the journey up..enjoy the day cheers.

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