PROFIT TAKING

Markets failed to cross 2880 again , went into a sell mode right from the opening and shorts opened up below 2820 levels..The falls are slow and tedious and most day one does not realise that the market is slipping..its almost at a support 1 lets see whether it drifts further with global cues tomorrow..hope my advise of looking at 2880 carefully helped all again..cheers..

WEEK AHEAD.

Watch 2900 level for your trading in long/shorts for the week ..for today supports lie at 2820-30 levels and resisatnce for the day over 2880 could be 2910-2930..A move maybe coming which may move markets quickly 200-300 points either way..Trade the trend as the monthly techs have already been given during the weekend....cheers..