Friday, August 21, 2009

SPOT ON AGAIN

Markets after 2-3 days of testing lows finally broke & closed above 4510 area..4350-4450-4550 range is rocking for intraday players..What next..????...lets enjoy the weekend with the gains from last week , than breaking head over levels etc etc..,( short sellers are going to have a pathetic weekend ahead..) will try to post during the weekend some technical chart for MARKET FOOTPRINT AHEAD..enjoy the weekend guys... cheers..

RANGE BOUND

Markets are clearly range bound & globaly tuned..nothing much can be taken out of the moves its giving except buying low/selling high..( Paradise for SWING traders, Footprints are quite clear)Take smaller trades & in the direction till the Markets shows as to which side it is heading in SHORT TERM..There is plenty to be made in INTRADAY TRADES too..stick to them..cheers