FINDING STRENGTH

Markets gave a Giant of a move today to move app.270 points or app. 78 % of the fall..catching many ,who then had to cover shorts in desperation.. Despite of this rise the Markets are still trying to find its strength at EOD today ..All is not very rosy as Europe is loosing all the gains of friday as we closed..I had posted the chart & given the range in the morning.. & this is turning out to be a traders delight of a market giving gains both ways ( short/long side)..Trade it & make money .. The last few days have been good for swing & technical traders....enjoy the day..cheers.

PS: HNI's or large players who are keen to take positional/swing calls of NF & Options and select stocks for good gains ,can be in touch with us ..We follow a trading system . Do send us a mail or chat up in yahoo msng.

WEEK AHEAD.

Markets in Asia are rocking , The chart above suggests resistance at 5011 app. , cross of which takes us higher. The buy in panic dip will hit the bulls eye again on opening..Do keep booking your profitable positions on rise....4960 zone is a watch zone for the coming week..with the inner range being 4800-5100..lets see how markets pan out in the coming days to make any sense of its structure..enjoy your trades..cheers.