Thursday, July 2, 2009

EVEN STEVENS AGAIN

Bulls & Bears are into a sparing match these days ..giving huge volatality resulting in INTRADAY SWINGS..Range is still 4250-4400 till budget..it will break the range one of the days soon..Another good trading day..enjoy the day cheers..

WAIT & WATCH

Two more days before the budget, Market may just about do nothing for the next 2 days and move around in the range ..4250-4400 now and then take a call..Take lighter positions & avoid deliveries to let the event go by..& then go about in the direction of the market..The volumes are less which implies low interest in participants ..Play the swings ( they are there in plenty everyday now) enjoy the day cheers..