Friday, June 12, 2009

FANTASTIC TRADING DAY.

Once again markets gave a Perfect Intraday Trading Day..( Our Clients went home into the weekend with huge smiles)..On the cue markets started selling off near 4700 top & stopped somewhere near the 5 SMA..below 4600...As i have been saying its become a traders paradise with Both way Swings ..Markets are nervous and volumes downwards are higher than upwards..also falls are now becoming faster than the rise..Lets see how things pan out globally..till then enjoy the technical intraday trades & profits..enjoy the weekend..cheers..

FLAT CUES

Markets globally are just about flat, not getting enough inputs for further rise on these heights..QIP's are in place....Trading these days is (good fall quick buy& sell) ..range bound ..Todays Range to trade could 4600-4700 (+ _ 50 points)..INTRADY TRADING is KING right now..enjoy the swings and make money till this lasts..cheers..
PS.: A major star turns retro next week..lets see its impact..