Thursday, July 30, 2009

GOOD SETTLEMENT

Markets just about took & moved in the range i had written in the morning update..4480-4530 & then the breakout on either side of app. 50 points ..Longs taken at lows rocked today...What next..Well Markets after jerking the weakhands are back to yesterdays levels & are poised again to cross the threshold of 4600 zone.. will they?????? ..who knows ..Turnovers are high , on both rising and falling days..which shows uneasiness in the participants..Trade with care in the coming days and in direction..enjoy the day cheers..

SOFT CUES

Markets gave the wild swings yesterday, in both the directions ...and covered a lot of ground intraday ( gave ample opportunities and monies to savvy intraday swing players)..cues are soft, we are in settlement day..not much should be expected today..range could be 4530-4480 break either waycan give some 50 points ..enjoy the day.. cheers..