Friday, July 24, 2009

POSITIVE DAY

Markets just about absorbed the supply and turned back from the support zone of 4510..closing almost at the top of the day..RIL results after the market hrs. will define which side we are heading in the coming days..markets are struggling at higher end,and need some global or some other push to take it over 4610..this week has been good for us ...enjoy the weekend..cheers..

GLOBAL TANDEM

Global cues have been pushing the markets last many days..Rally from 3900 zone has been fast furious & w/o any significant break..Are we heading towards 4650-4680 zone..???? cant say , as market tends to spring surprises on participants and goes against mob sentiments, keep taking home your profits as we climb higher...4380 will be providing good support below 4510 now..Trade in the direction..cheers..