Thursday, August 20, 2009

A CAUTION !!!!

MY blog readers , must remember..that we at present are in a SIDEWAYS market..it CAN be an ACCUMULATION or A DISTRIBUTION phase...only time will tell us,what it is..
UNTIL yesterday 4350 has worked as a support..but ,if it is not going to work as support, on any day...nifty will not close above 4494.and any move below 4350 , now,will be difficult for bulls.
so. 4350 must be remembered as a level of caution..if you are bullish.

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