Thursday, June 18, 2009

PROFIT BOOKING STILL ON

Nothing much to write about todays mayhem, except if you had booked last week at top,we are app. 500 points down now , today was the day to deploy some of that money for a trading bounce..anyhow..4200-4180 is a good support zone below todays low and 4405-4445 will give resistance..we are oversold so bounce can be expected..INTRADAY SWINGS are giving good returns to technical traders ..enjoy the day cheers

PS: thanks guys for ur enquiries..keep visiting..

CAUTIOUS AHEAD

Markets gave the much awaited JERK, ruffling quite a few DIEHARD BULLS..Can it be another buy in dip market..????The next few days will tell only,Only cross of 4520 now will be a BULLISH MOVE..& for now It could just be a sell in rally..4350-4450 is the range now which will be broken either way....enjoy the trades..cheers..

PS: The note of caution given from last week in this BLOG of the MAJOR STAR going retro & the JERK around the corner..must have helped all of you visiting here..Keep visitng or join our service ...