TRADERS PARADISE

The Markets reacted on opening to profit taking & the volatile wild swings which i had mentioned a few days back as order of the day was there for all to see... A technical traders paradise and a nightmare for non technos... My advise to small investors/retail guys is to stay away till monday rather than being whipsawed everyday in this market....Range now is 3550-3650-3750..Trade in the direction, with strict SL..( market has made a top in 3700 zone again today) cheers..

MARKET FOOTPRINT

The chart above shows what footprint the market has been following from last few months on EXPANSION taken from 3 key points,The above chart is self explanatory, and has been following the patterns as is visually clear..Follow the levels above with strict SL's .. With Election results round the corner, trade light /in the direction and maybe be light or just plain flat in this weekend ..enjoy the day cheers.