power house for nifty technicals and stock market fundamentals with charts and technicals.
Tuesday, December 15, 2009
THE JERK
Markets finally gave the push..on the downside on break of 5080...The OI was suggesting resistance at 5200.... as maximum OI of 5200 calls was there and growing today on breach of 5100 that call OI also increased.. Suports lie around 4980 around and 5080 will give resistance on the bounce back..cheers.
DOING NOTHING
Markets are just about doing nothing...maybe calm before a storm..range working out is 5080-5170..something has to happen , which side...???????..enjoy the day cheers
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