ROLLER COASTER RIDE

Gap down on cue, ( good we cleared all our longs yesterday at close)struggling at supports of 2710-30 NS the whole day and a smart short covering due to long weekend in INDIA...Brave hearts who bought the sudden dip in NIFTY or select stocks would have benefitted today & later also ..Its been a continuos downside for all indexes for sometime now. Is it time for some bounce back...???????? WHY BREAK YOUR HEAD TODAY..enjoy the long weekend..cheers

RANGE BOUND NOW

We had low volumes/nothing day yesterday, maybe same again today with negative bias due to global cues..The range is still same , frustrating all participants....The Markets wont give much as we are into a long weekend going into settlement week. Options may cause huge damage with time decay so be careful..pick select stocks for delivery over the next 100 -150 points weakness.Take it easy today..Cheers..