Jul 18, 2011

Safety First

Today also Perplexed.

The fall today below 5560 lacked the necessary momentum but some relief to bears as we have closed below 5580 today.It was a Boring days but one thing to note that the technical s are in bad shape now. We may witness a Huge volatile rush this expiry.

For tomorrow Resistance lies at 5605 above which again dull move till 5625-5635 may be seen on the contrary a move below today's low more panic awaits till 5502 - 5465 levels.As such the bias is negative.

Panic awaits so wear helmets during Trading Hours

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