WHAT A JERK ??????

Markets just about rose to deceive..( Had clearly written today morning that 4500 is the key S/R for this market...hope ppl. benefitted with this call)..Have been writing continuously in the blog from the last few days that a GOOD JERK is round the corner..Today was a REAL big one..Hope friends visiting here had unwinded in time & will be in cash to buy when this fall stops...The fall from the top is over 360 points in nifty..Watch around 4300 or below it where we could be oversold for some bounce back..Best stratergy will be to watch & see & do selective picking of your favorite stocks for delivery with this fall.. ..enjoy the day..cheers..

SOFT CUES

Markets did give an opportunity yesterday to go light for a few days and trade in the Direction in the coming days..4500 now is a KEY area to be used as S/R..The range should be 4450-4550 for the market today , before they take a decesive step on either side..Careful in your trades in case Fii's are Unwinding Longs..enjoy the trade ...Cheers..