Monday, May 11, 2009

SIDEWAYS TO PROFIT TAKING

Markets just about moved to 3650 zone and profit taking/unwinding started bringing it straight to the weekly support of 3520zone ...breach of which takes us way down..noticable in todays trade was every fall proceeded with more fall & the Bulls just about were absent..Hope people had posted their gains last week..watch 3480-3510 zone in declines and 3590-3620 zone in advances..be careful in trades from heron as volitality could be increasing in coming days /weeks...enjoy the day..cheers..

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