Markets traded saner today despite the huge gap up on NF, there was a frenzy to cover positions in short as well those in profits..Volatality in the 1st hr. justified the huge swings in the first hr..Later with good profit taking by larger players the market kept slipping on every rise..This may continue a little more before a raincheck will be done by the guys who were left behind in cash .. and then a move up..Trade carefully and keep booking..the whole euphoria got over in less than 24 hrs..cheers..
PS : do refer to the chart posted in morning for the resistance & support.
No comments:
Post a Comment