Monday, May 25, 2009

SIDEWAYS MARKET

Markets today just about remained sideways, with mid/small caps again were dancing around today. Its not showing any strenght right now and until unless some positive cues come around , there is nothing much there to fall back on for further rise..( settlement moves could be sudden so take care to be on right side of the trade)Time cyclewise also the markets are near a turning point.So be cautious on longs trade intraday & move out..The range is same still..4150-4300, break of which will take us quickly down /up..enjoy the day cheers.

No comments: