Friday, September 25, 2009

GLOBALLY SOFT

Markets yesterdaybefore close was making HARAMI BLACK as daily candle , which meant that the rise up was false( longs to be unwinded before close )..Markets have opened weak all over and SGX Nifty suggests open around 4940..supports still lie in 4910-30 zone below which it will test the old breakout zones way down..We close today to reopen next tuesday which also leads into a truncated trading week ahead..not much should be expected in coming days and only from 5th onwards some serious trading may set in.. enjoy the day ..cheers..

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