power house for nifty technicals and stock market fundamentals with charts and technicals.
Wednesday, December 9, 2009
INSIDE DAY
Markets just about bowed to global cues and opened weak , and every rise during the day met with selling..Seems at highs participants are not keen to carry and at lows the shorts were covering..it was a INSIDE DAY..and this time the break out/breakin of the range will be fast & furious..5100 is still a key area for this market..enjoy the day.. Its been good trading days for level players.. cheers.
SOFT AGAIN
Markets are displaying nervousness all over the globe with their erratic movements..This could be consolidation for a last move or distribution for a fast furious downside..5000-5200 remains the WATCH RANGE..play small in direction with strict SLs's..enjoy the day cheers.
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