PROFIT TAKING

Markets just about unwinded today on global weakness to see/test the lows, shorts got the opportunity to cover...so where & what will we be doing..I think maybe just about nothing.. any Rise from here on may be used by long guys to unwind..Close over 4780-4800 only augurs Bullishness for higher levels..failure to cross will invoke good profit taking..enjoy the day cheers..

PATH AHEAD

Markets have crossed the last threshold and can surge ahead to key area of 4800-5000..Fact is momentum can take us to any heights now..CAN IT DO IT..????? why not with the liquidity floating all around the globe , thats what is needed to Tango..( All Commodities rocking as of now) Also do keep in mind the factthat the biggest JERK usually comes during Euphoric Phases..I will be optimistcally cautious in the coming days....enjoy the trades..cheers.