WEAKNESS ALL AROUND

Markets just about crumbled all around Asia and then in Europe, giving us a weak close too. It just teased the the old low of 2661, closing a tad above that..opening and closing time put pressure on the markets to sell out..Markets are at crossroads, any further push and it can head straight down towards 2550 levels if global cues do not help..and if it takes supports here can just about move back and retest 2750-80 maybe again..gap ups/ downs not helping traders at all..trade with care in the coming days..cheers..

VOLATILE MARCH

March series/month seems to start with volatility/sudden ups/downs as triggers to move up are just lacking now & all stimulus failing, time & again.2800 will be the watch area for march month. A pretty gloomy picture today morning with Asia in deep red( good we cleared all longs on the weekend).The range may expand this week ,be careful in longs as supports are being pressed.2600-2850 seems to be the weekly range as of now..will advise trades...DONT RUSH to go long ..happy trading..cheers..