SO WHATS THE TAKE NOW.......

Huge weakness all over the globe today before market open still it did not break the threshold support of bulls of 2700..markets resiliance is seen from the way some index stalwarts held their ground today, and bears were getting nervous time and again..its been now 7 days of fall from the top..As this levels seems to hold we may make a run again for 2820 zone or above ..enjoy the day..cheers..

WEAK AGAIN

It seems markets pleased to deceive..short covering was fast furious as usual..As mentioned in market roundoff yesterday evening we can go either way, all the way down or lower or higher too (we closed all longs at close yesterday). So what next??????? GAP DOWN, sure SGX nifty trading low , lets watch 2700 closely break of which has supports around 2680 zone ..2750 will be a future S/R zone..and 2830 as a resistance zone for any move up..small traders/investors can stay away for a day or so to let markets seek its logical bottom ..before entering any longs in stocks or otherwise...cheers.