Monday, July 6, 2009

BUDGET BLUES.

Well well , hope my advise to friends visiting here to stay away today would have helped them at least to buy at lower levels at eod or tomorrow..thats markets , where ppl. expecting the repeat of election bounce , must have got a great JERK....for technicals players ,PUTS /SHORTS rocked today..Markets broke the last low of 4143 also after the huge slide..The days ahead will unfold where we are headed in short term..enjoy the day ..cheers..

WEEK AHEAD

Budget Day Today, global cues weak , I think the best foot forward today is to stay away and wait till day end /tomorrow for any clue as to where we are headed..4370 zone is S/R of this week with a range of 4200-4600..enjoy the day cheers