Friday, August 14, 2009

CONSOLDATION DAY

Markets just abt. did nothing and consolidated the whole day..At every low ppl. stuck in shorts kept covering making the markets go up....nothing much to add here today beside the range still is 4550-4650..lets see which side we breakout next week..enjoy the weekend cheers..

WHAT NEXT

Markets open for the weekend trade after having moved up from 4360 with strenght..some profit booking is in order ..the range now has moved to 4550- 4650..lets see which side the breakout takes place..enjoy the day..cheers.