We had been constantly telling you about the up moves since the beginning of this month.
We very Clearly told you that on the day of budget up moves to the extent of 5000 would be seen, However profit-booking in the last 30 minutes whitewashed the major portion of the gains.But does not mean that market is in bearish mood.
Markets are wiser the us. They just not trade as per our expectation. Markets are emotionless and without sentiments, In other word they are very practical .
Today Market are expected to open gap up and may try to kiss 5000-5020 in northwards with ultimate aim of 5150 in coming days. However in a very short term trade , please always trade with the stop loss, because markets are wiser than us, so on the lower side use 4850-4800 as stop loss and trade upwards.
Markets will close in green today.
Monday, March 1, 2010
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