Tuesday, January 27, 2009

SURPRISE SURPRISE

Despite huge calls of gap downs/weakness etc , the markets just gapped up and kept moving up the whole day ( it was at very key supports at 2660 on friday..) lead by RIL, who else..markets going towards the top of the range 2800-2850..do keep in mind that the volitality will be there till settlement..so trade carefully and with SL..cheers..

WEEK AHEAD

Markets in Asia are mostly closed today..some upward bias after days of selling can be there..Range next week could be 2600-2800..Expect volitality to set in again in this settlement week.Its to be seen which side the breakout comes at...enjoy the trade ..Cheers.