Tuesday, February 24, 2009

DIFFERENT STROKES.

Indian Markets moved in their own direction, discounting after open the global weakness to turn and take supports close to our 2660 zone written in morning to seek higher levels the rest of theday.. 2750 will be area to watch again, cross of which is important to move forward again..Take small trades in the direction till settlement, as we could be range bound in the next few days....cheers..

TOUGH WEEK AHEAD

Global cues being so negative and with a constant threat of a slide down from 2660 break, participants will be really nervous to commit positions on the long side in the next few days and may prefer watching to see where we head towards ..2660-2800 is the range for the coming week..trade with care..cheers.