HEAVY JERK

Markets just about gave the long awaited JERK .. It was all there for everyone to expect as the rising wedge was not breaching the 4605 zone again & again..The SHORTS rocked and so did the LONGS..4530-4600 zone was the trade area Breach either way giving a quick fast 100-150 points run( Pls. read the previous posts for the trading range)..4420 seems to have provided some support & 4530 is now the resistance now..only cross & close above of this will provide some relief for the Bulls..enjoy the day cheers..

WEAK TODAY

Markets all over are weak today..We may go down once again to test lows at 4530, breach of which can start the slide this time....Holding the lows could propel markets back to 4600 zone..cross of which can start the upmove..It will be tough to take a call but buy in dip where markets stabalise with strict stoploss could be a stratergy for next 2 days..enjoy the day cheers.