December 18, 2008

18-12-08

This is for education purpose only and may not be useful for trading



2950 holds on closing basis and markets rally. Stoploss remains same.
Mkts have full retraced previous days losses and made a marginal new high.
So as of now bulls are not giving up (bears not strongly active...maybe
waiting for 3240).
Volatility is substantial. Stay out for some time as positional trades can get whipsawed.

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