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Thursday, May 21, 2009



I have not updated blog after ELECTION EUPHORIA....I have purposely avoided it....clearly given alert that euphoria exit no longer!.....2 days were imp....now again market will behave as a routine trading style.....


For today I am with negative bias....I dont think major upmove will start in near term..means in 4/5 sessions....till then sell on rise.....sl for positional shorts is 4455/4470 area....and tgt for shorts is 4170....in extreme condition 4030 may get.....!


For today max upside limit is 4310....if crosed decesively then 4350 possible but nice opportunity to short there.......on lower side see 4260 very minor support....then watch 4240....today 4210 is imp level for bulls to protect their sentiments.....if breaks then straight 4167......if close below 4210 then we might go towards 4100 as positional....


Today resistance 4310/4350....support 4260/4240/4210/4167.......