EDD Update March 22 2011

"The best time to do something worthwhile is between yesterday and tomorrow."

Today too was a muted day with the range getting narrower and narrower. With 7 days left for expiry much of action will come in play now. Triangles have always been frustrating and the last time time it happened was in June-July 2010 and we broke on the upside till Diwali high's. This time too a triangle and also March when there will much of window dressing "Bulls and Bears Both Hiding". Tomorrow may be a day to watch for or the same may continue.

For tomorrow 5450 is resistance and above it a dash towards 5485. Bullishness only above 5531NF. Below 5375 NF again we may drag lower to 5310-5320 range and below it 5257. 

Is the NF correcting the oversold condition ??? or An Upmove???

EOD Update March 21 2011

A Muted show today .....

Though the Bearishness prevailed but the fall was not severe today . I think the Fall will become severe near expiry only.Today too After whole day oscillating above 5400 NF gave all gains and move in negative terrain. The bearishness is there but the force is lacking.

For tomorrow 5380 will be the resistance to cross above which again a visit to 5425. On the contrary Below 5450 we are surely visiting 5257 and much lower.

Now the SL for shorts can be raised to 5531 NF.

For the Love of My Life Which Is now the Love of Other

Judai aapki rulati rahegi,
yaad aapki aati rahegi,
pal pal jaan jati rahegi,
jab tak jism mein hai jaan har saans ye rishta nibhati rahegi.


Raaz dil ka dil mein chupate hai wo,
samne aate hi nazar jhukate hai wo,
Baat karte nahi, ya hoti nahi,
par sukar h jab bhi milte hai muskurate h wo.


Zindagi Me Kuch Lamhein Khaas Ban Gaye,
Mile To Mulaqat Ban Gaye,
Bichhre To Yaad Ban Gaye,
or Jo Dil Se Na Gaye,Wo AAP Ban Gaye.

Not to Forget

"Kya Hua Gar Rastein Roshan Nahi ---- "Nimesh"

"Hum Andheron Mein Bhi Chalne ka Hunar Rakhte Hain"

Do Read Who Will Tame the Bears

Life Keeps On moving ........:)