Thursday, June 11, 2009

CONSOLIDATION AHEAD

Markets should take a pause after 2 solid days of gains..Some unwinding did take place yesterday at the peak..4740 is a watch zone over yesterdays top and 4610 as support..Market may trade in a band for a day or so and then see ahead from next week..Caution is advised though MONEY & MOMENTUM has made a MOKERY of all fundaments & technicals so far..still use technicals and play intraday ..enjoy the day..cheers

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