Monday, April 13, 2009

ROLLER COASTER

Markets doing what is expected, huge volitality and a great roller coaster ride ..Slowly this market is becoming Savvy traders market as it moves up/down so suddenly that takes ones breath away..Anyhow coming to the techs..The whole day was spent below the 3400 levels and a late surge to touch 11000 sensex and subsequent very fast unwinding has revealed nothing about the markets move except that players are nervous and despite momemtum are ready to unwind positions quickly..Area to watch again will be 3400-3450 zone or 200 DMA enjoy the holiday..cheers..

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