PARTYING AGAIN

Markets again surprised everyone with a late spurt breaking the channels I posted in the morning for all to see ie 3380 then 3420 closing above it..So where do we go from here, well cross of 3500 can take us all the way to 3650-3750 zone, and failure this time makes it a DOUBLE TOP , inviting selling again ..enjoy the day..CHEERS

FALLING CHANNEL.

Markets have been trading in the above FALLING CHANNEL last few daysas shown in the above intraday chart making lower highs/lows.in the process, literally unwinding on cue at every rise...The chart is self explanatory, follow the pattern, just remember any close below 3300 will invite unwinding..enjoy the day..cheers.