PROFIT TAKING DAY

Our Markets went into profit taking right from the word go today..& the Bears kept pounding the market's every rise..It clearly broke the old support of 4450 to take support at 4400..Further support maybe here or a little lower for the markets to retest its strenght again.. Break of 4350 will take markets deep down..enjoy the day..cheers..

WEEK AHEAD

The chart posted during weekend of monthly candles showed a SWING of 4650 app. from before and on friday we stopped at 4636..Cross of these SWINGS will quickly move the markets ahead (4750-4800)..4450 remains strong support as of now..4600 APP. seems to be the S/R of this week..Trade accordingly..cheers..