power house for nifty technicals and stock market fundamentals with charts and technicals.
Thursday, September 3, 2009
RANGE BOUND STILL
Markets when they are not able to cross a threshold over a few tries in hours or days ... then turns and goes to test the supports at bottom again ,to gather momentum for any UPMOVE ..or vice versa..4550-4650 is turning out to be the S/R of the Markets right now..Watch which side it breaks to pick your trades...( A nice swinging market for SWING TRADERS )..enjoy the day cheers
TAKING SUPPORTS
Market cues globally are taking supports today and so have markets opened positive..Follow the range of 4550-4650-4750 in coming days..Some amount of turbulence , jerks and wild swings can be expected in the coming days when Bulls Bears fight hard..enjoy the trades ..cheers.
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