Thursday, June 25, 2009

SWINGING MATCH

Markets almost took to the range 4250-4350 as mentioned by me, Great swinging day again, though markets did nothing for most part of the day after open7 the initial slide , Till the last move down..( we too did nothing after the intial trade due to the very narrow range of the market , today seemed to be a rest day ..)The point to be noted here by techno guys .. is that we are closing BELOW LAST MONTHS settlement of (4337) & may end up closing below last months close 0f (4448).. too..This has happened after many months and does have a Technical signature ....lets look deeper into this over the weekend..enjoy the day ..cheers.

No comments: