Due to a tragedy in the family , could not post the market roundoff yesterday evening , Hope all friends bear with us. this gap in posting.....
markets rallied right from the word go as 2700 was held day before...right upto 2839..So whats happening , why the sudden reversal.. This is the huge volitality swings which come when markets are at crossroads and both the participants ie BULLS/BEARS start getting nervous of their positions and reverse fast, leaving smaller players or ppl. with very firm opinions w/o support of technicals hanging in the air with their views..and this happens on both sides..giving losses..( had asked small investors/traders to stay away for a few days due to this only..)as markets will dance now to the tunes in range of oversold/overbought with such 100 point daily rallies..watch 2790 closely next week, the range now is 2700-2860..breakeitherway can give some fast furious move..happy trading cheers..
PS: would like to give special thanks to all the guys who have been discussing us in various forums/chat rooms..keep it up GUYS ,its helping us & giving us free publicity for our blog & services...CHEERS AGAIN..
