Tuesday, September 15, 2009

HIGH OF THE YEAR

Markets are poised at very critical levels..4900 zone right now..Which way it will go..???? is the question in everones mind..ANS . is no one knows..just book what so ever your profits are in the next day or so as we are moving into resistance zone of 4920-50 now..enjoy the day..cheers

NOTHING AROUND

Markets doing just about nothing..waiting for some kind of trigger for a move. 4800 is emerging as a S/R zone to watch..I feel we should let the market show its hand in the next few days before one commits funds either way..4890 has to be scaled first for getting a semblence of any move going forward.Failure of this , we have to seek supports much below...enjoy the day cheers.