Friday, May 29, 2009

RANGE COMPLETED

Markets just about completed the range of trading as i wrote 4100-4500..Good buying support came today also and OUR MARKETS ROCKED TODAY AGAIN....( thats why was suggesting to friends visiting here to be with technicals )So what next..Next week is going to be very interesting , lets see if we cross the last citadel or not...Its been a long haul and we complete THREE MONTHS of a amazing ride, which broght back smiles to all participants who were stuck in stocks etc..The party has to end one of these days so pls. wait for very good dips now to get in again or play intraday with strict sls. enjoy the weekend..cheers

RANGE AHEAD

Series of MAY closed on a very BULLISH note.. Most Experts in 1st week MARCH would have not even dreamt in their wildest dreams that we will close over 4300, 2 months hence..(some had projected sub 2k levels & to wait for lows few weeks ahead ..well markets had their own agenda..)GLOOM DOOM was the call of the day then..So what now????????..Anyhow coming to our markets ,In the last 2 weeks we set a range of 4100-4500 now , break either way could take it app.. 200 points eitherway...Trade using ur skills & applying ur mind not your heart from here on ...enjoy the day & the weekend..cheers