KNOCKED OUT

Markets just about pleased to deceive...(WHAT A JERK ..II nd TIME IN THIS WEEK , so many were bullish last friday for this week..)This fall was fast furious and frankly not seen in any chart before the deluge..( thank god we had our small SL and could carry all profits /gains of today home & then take trades in the deluge )..the range of 4050-4150 got breached heavily on the lower side.( had written break to be 100-150 points at least on either side.).Markets have unwinded most of the May gains..(a little more push will bring us to 3750-3850 zone..)trapping so many eager BUY IN DIP investors now at highs ......enjoy the weekend..will try to post some chart for next weeks footprint of nifty..cheers..

RESULT SEASON START

Markets from now on will take cues from the results along with global cues..Selling all over has abated a bit , Infosys results today will prompt a move either way to break this logjam of the last day or so....4050-4150 is the range range either can take markets 100-150 points either way..trade accordingly..& in the direction....cheers..