power house for nifty technicals and stock market fundamentals with charts and technicals.
Tuesday, September 8, 2009
SWINGING DAY
Markets just about ended as even steven day between BULLS /BEARS..A quick fast jerk in last hour showed the underbelly of nervousness..specially the weak hands..No harm in taking home profits as we climb up and wait for some time to get back in again.. The range should be 4750-4850 now..enjoy the day cheers..
MARKET AHEAD
Markets gave the bullish breakout yesterday crossing the old highs squarely..the zone of 4850-80 has resistances moving ahead cross of which could give markets a sudden runup on cross of 4920..supports now lie around 4680 zone below which is 4600 zone again. Trade with care and keep booking your profits, wait for good dips to get in again in case markets hold the lows....enjoy the day cheers
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