Friday, September 11, 2009

INSIDE DAY AGAIN

Markets are closing over 4800 levels for the 4th straight day..After making a inside day again today its closed towards the high of the day, indicating a certain amount of bullishness for the week ahead.Cross now of 4890 can easily take it to 4990-5000 zone , as in last 2 days it has jerked the weak hands a few times..Area to watch for support or stop loss for longs now is 4790-4800..This has been a good swinging week..enjoy the weekend ..cheers.

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