Sep 27, 2011

Pessimistically Optimistic


Dont get Swayed Away by the Fake Bullishness

Above 4880 we did the 4947 4957 levels and also above it But failed to close above 4977. As such after the gap up the up move lacked the conviction.

Be cautious and if we get tomorrow 5013 or 5048 level brutally short October series and have a great sleep. I am expecting a deep cut of approx 300 points down in these two days . Better to play in October series now as Market may have surprises too.

Tomorrow will be on some Professional Obligations so pardon me during Market Hours.


Time to short Again SL again 5197.

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