Wednesday, August 12, 2009

SWINGING DAY

Markets just about went into a swinging - jerking mode and shook all weak hands..( Non technical players could have had stoplosses on both sides)Great gains day today for INTRADAY CHARTISTS and TECHNICAL PLAYERS....Range still remains 4400-4500 (+/-) 50 points as of now..enjoy the day..cheers.

WEAKNESS ALL AROUND

Global cues are weak, we may again retest the recent bottoms..and if held can be range bound in app. 4400 -4500 zone. We can drift downwards in case these supports are not held..( range given in previous posts)..Trade with care and with strict stop losses...cheers.