PROFIT TAKING

Markets reacted on cue ie selling /profit taking came right from the start & markets kept selling the whole day..every rise got sold into and the selling was hard & fast..So what next..we should settle in range of 4200-4300 (+/-) 50 points..before some clue of direction can come..Good intraday trading today...cheers..

GLOBAL PARTY

Markets are rocking globally, what a change from Monday..all the gloom doom guys must be wondering as to whats changed so quickly....so what next..at 4300-4330 , do try to clear all longs on signs of selling , wait for a good dip to get in again..supports now lie deep down around 4150 , break of which may augur weakness again ..enjoy the day cheers..