UNWINDING

Markets just about going around unwinding the huge move of last month , many retail guys expecting solid move up during this week, are badly stuck in longs and wont know what to do till this slide continues..Today was a waterfall fall...the supports unfortunately are way down... markets held todays low at the EOD..and if this holds or around 4020 expect a small bounce back again to 4150-4200 zone..Today it seemed FII will have sell figures again..based on the huge fall right from the opening..Another good day for intraday swing traders...enjoy the day cheers..

WEAK CUES

Markets are under pressure still with FII's pressing the sell button daily..A little more push from lows can take us way down ..only above 4160 , we can see some upmove now.to 4230 zone which will offer resistance and next range will be 4290-4310..zone..enjoy the day cheers