Thursday, August 27, 2009

RANGE BOUND TODAY

Markets kind of spent time the whole day in a tight range doing just about nothing...,and then gave some wild swings at the end for the settlement..The event is now behind us and the new series kicks off now ....Trading Zone is now 4600-4700..so lets see where we head in the coming days and weeks ..cheers

SETTLEMENT DAY

Markets may move in a range and let the day pass over..Till now the markets are just about holding the supports and selling the tops..This will break very soon , so be careful & trade in the direction the breakout takes place..The run could surprise many..lets see..Keep strict SL in your trades in coming days lest you get trapped on the wrong side of the trade....enjoy the day cheers..