TRADING DAY AGAIN

The JERK of the GAPDOWN came today..Markets did take support around 4400 zone to bounce above 4500 as had written in the morning..Perfect trading day of good gains for intraday traders.. ..4550 is a resistance zone & 4450 a support now..enjoy the day ..cheers..

SELLING ALL OVER

Markets are selling all over, the loaded markets are finally succumbing to profit taking, The new high was a classic TRAP at top as Markets like to catch the Babies (Bulls or Bears) at the tops & bottoms..Watch 4400 area around for maybe a small bounce back ..4510 now becomes a resistance zone..Trade cautiously as volitality will creep back & markets can hit & break any number of supports too..Wait watch will be the keylet markets stabalise....enjoy the day.. cheers.