power house for nifty technicals and stock market fundamentals with charts and technicals.
Thursday, May 7, 2009
POSITIVE STILL
Markets are still resilious, we made a INSIDE DAY and by closing over mondays close/high i think it has negated yesterdays bearish candle.The levels still remain same..trade light ,in the direction and get out by end of day to start again the next day till a decesive move does not start in a direction.....enjoy the day..cheers..
POSITIVE B4 THE EVENT TONITE
Markets all over are positive, especially the FINANCIAL STOCKS in US ahead of the event tonite, ..Money/momentum is on the bulls side making any & every dip being bought into..Yesterdays bearish daily candle may get negated if we break yesterdays high or close over mondays close..trade light /in the direction and let the event go over..above 3717 expect a rally right upto 3825 zone..supports still are ar 3520 below 3610.....cheers.
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