MUCH ADO ABT . NOTHING

Nifty did exactly what it had to do, unwind itself from overbought positions( DESPITE ALL THE NOISE OF HIGHER LEVELS ).Friends visiting my blog would have been cautious about this situation..A move downward has just started, lets see how the retracement fares..from its support zone from either here or lower down at 2810-20.cheers.

WEEK AHEAD

Markets waiting for the event of VOTE IN A/C to get over to move forward. 2900 is the S/R area of this week with a range of 150-200 points as reactive band both ways. Wait for the event to be over to take trade.. enjoy the day Cheers.