Tuesday, November 10, 2009

CONSOLIDATION DAY

Markets on cue started selling the Gap up (4950)implying that participants preferred booking profits and getting in again on dips..it almost halted at Monthly S/R..(now area to watch) 4780 is a strong trendline support zone of the market from the lows..Cross this time of 4950 will take us straight to 5030 zone..enjoy the day cheers..

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