Monday, June 29, 2009

EVEN STEVENS DAY

Markets just abt. kept the consolidation mode today giving away nothing nor gaining anything ..The morning dips bought into & late afternoon sold off quickly..4450 will remain a feed area above which is 4510..supports at 4290-4310 ..It was a great trading day again, which gave sufficient gains due to the Big Swings Intraday..Volatality will surely be the key in the coming days .take care enjoy the day..cheers.

WEEK AHEAD

Markets took support around 4250 zone and rallied from there after FII buying came in..4300 zone is S/R area for this week with targets around 4430-50 to start with. A Event is again there by the coming week of the budget & cross of 4450 can take the 4550-4600 zone again..& break of 4300 takes us all the way to 4150 or below..Trade accordingly cheers..