TAXING MARKETS........

This is the 2nd day close over 2800 and by doing nothing markets is just about testing the patience of investors/traders everyday..( remember my morning advise , do nothing enjoy the weekend)..another INSIDE DAY today..WILL WE BREAK THIS DEAD LOCK....lets look over some charts/technicals over the weekend for some cues..enjoy the weekend..cheers.

PS: Anyone wanting to chat regards our call service can do so tomorrow morning at my yahoo messenger .

WEEKEND BLUES

So whats up for us today..it seems FII have been holding /guiding the markets in the last week or two, and slowly but surely markets hanging around 2800 zone. There is resistance /feed here but also a feeling that any sudden buying could make markets rush towards 2900 towards the settlement. The markets are tad overbought but can still go up, shorting as proved before also could be a heart burner..so what should one do..either enjoy the weekend and let others decide or trade very light and in the direction..The range(2836-2756) will break thats for sure..enjoy ur trade..cheers.