Friday, March 13, 2009

RALLY CONTINUES.

Taking supports at low of 2537 and helped by global cues and oversold positions, markets slowly but surely has crossed the threshold of 2660 to move towards 2750..this has been almost a gap ups , non volatile rally with the NF discount finally easing off..( HUGE SHORTS SQUEEZE, PUTS JUST ABOUT BUTCHERED)....Good profits overall for the BRAVEHEARTS who dipped into select stocks at the bottom last week...lets see over the weekend as to how next week pans out ..cheers..

SURPRISE AGAIN

Markets world over again have sprung a surprise so as to unwind the oversold positions..Hope friends visiting here would at least not have shorted even if they did not buy select stocks..Well as ppl. who bought stocks can start posting profits as they come today& next week...2700-2750 can be a resistance zone.supports lie at 2584...(AS MENTIONED HERE MARKETS GENERALLY GO AGAINST MASSES ..this is a real eye opener,for put buyers/shorters...)..enjoy the ride friends..cheers..