Monday, March 23, 2009

GREEN ALL THE WAY..

Markets gapped up and just about decided not to relent and kept creeping slowly up till a late surge,maybe when big bears threw in the towel after days of anxiety..I hope people remember my post 2 weeks back when i asked all not to listen to the noise by these dooms day guys , but start collecting the shares they like as prices are too good not to traded in..Hope these guys had not put their money where their mouth was , otherwise they would have been wiped out in puts/shorts by now..
Any how time to be cautious as targets of 2950 already hit..One can expect reactions anytime in the coming days..Do book whats in profits in longs/stocks..enjoy the day..cheers.

POSITIVE ASIA.

SGX nifty and Asia is trading in the positive territory thereby any close over 2810 today will be 3 days close over 2800...Is it good for the bulls for a move upwards..I will watch this carefully before commiting on either side..2775 remains S/R for this week..The chart posted during weekend can be used for the range & possibilities..enjoy the trade ..Cheers.