Tuesday, May 4, 2010

C0NSOLIDATING

Markets are consolidating in the 5200-5300 zone ( OI data also suggests build up in the puts/calls of these strike price) to see whether it can have steam ahead to cross 5400 & move forward or needs more unwinding to consolidate much lower..Watch this range for break out/in , in the coming days week & trade accordingly..enjoy the day cheers.

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