Monday, November 16, 2009

NOV - 17th - MARKETS FALL

YESTERDAY MARKETS GAP UP OPENING WHAT WE SAID ALREADY BUT ABOVE THE RESISTENCE LEVEL OF 5050 SO THEY STAY ABOVE THAT LEVEL.

WHAT ABOUT TODAY ?

ALREADY WE TOLD MORE THAN 3 DAYS MARKETS ARE FALL, FALL, FALL, - TODAY MARKETS ARE SURELY FALL. ALL THE ASISAN MARKETS ARE IN SLIGHT RED. SGX-NIFTY HIGH OF 5105. SO GAP UP OPENING AND FALL FROM THAT LEVEL IS SURE TODAY.

WHAT ABOUT NIFTY FUTRUES ?

TODAY UP SIDE IT CROSSESS THE PHYSCOLOGICAL MARK OF 5100 THEN HEAVY RESISTENCE AT 5140. BUT IT IS A GAP UP OPENING IT FALL FORM THAT OPENING HIGH LEVEL.

DOWN SIDE IT CAME UP TO 5020 MINIOR SUPPORT AT 5050 LEVELS.

WHAT ABOUT STOCKS ?

TRADE WITH TREND

METALS AND BANK SECOTORS HAVING SELLING RANG TODAY I THINK.

GO SHORT AND GET PROFIT FORM THIS SECOTORS.

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