Wednesday, October 21, 2009

SOFT ALL OVER

Markets are soft all over, not many cues helping to move forward..watch 5080 in close for any weakness..The selling & distribution is visible from the last few days as every rise is being sold into..4900 still holds a good support for this settlement as maximum OI of puts is there..5100-5300 Calls almost carrying same OI..Thus settlement could be in range of 4900-5200 as per stats of today..Will review this early next week..enjoy the day cheers.

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