Wednesday, September 2, 2009

SOFT AGAIN

Hope Friends visiting this blog would have booked at top of the range their longs & must be relieved and smiling seeing the softness all around..we broke the 4630-40 support in close yesterday , which meant that there is further weakness and that the shorts will again pay on opening the next day....4560-70 is a support failing which supports lie deep down..Care should be taken in Trades and my advise is to trade the DIRECTION & not the EMOTION..Resistance now is 4630-40....enjoy the trade..Cheers.

No comments: