Wednesday, December 16, 2009

BOUNCE BACK

Markets took support where they should have at 5000-4990 zone and gave a bounce back..If global cues are positive tonite from US etc then we may rush up on open tomorrow..The range 5000-5200 has worked well again..Good day for long side trades ..watch 5080-5100 closely , only cross & close above this takes us up again..Hope ppl. visiting are enjoying the technicals and trading tips that I give here on daily basis..enjoy the day ..cheers.

PS: I would request all who are visiting my blog regularly to kindly send me a mail about the same at bhrajan@gmail.com. There could be some changes from 1st january 2010 in the blog setup and technical levels , commentary..

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