Friday, January 29, 2010

EXPECT THE UNEXPECTED!!

CRR HIKED BY 75 BPS......MARKET EXPECTED 50 BPS...
PEOPLE EXPECTED MARKET TO CRACK ON 50 BPS...MARKETS ARE POSITIVE ON 75 BPS.

My mentor once told me..If you want to make money in this market..
" DIL KA SUNOH....AUR ULTA KARO!" ......he wasn't kidding ....!!!

4930/50 Is the trouble zone now! But the worst is over. But unless we cross 4930/50 with conviction, forget one sided upmove. Traders can keep trading in this zone 4800 to 4950.

Above 4950 Bears will take this market to 5150...Bulls not needed!!

It was a close one today...

Enjoy :)

Regards,
Rahul T.
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About Me

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Welcome to my blog.The name is Rahul Tawde. I have adopted trading as my profession and have been practicing it for over 2 years.This blog is an attempt to reach out to people in the capital markets who trade for a living.I welcome fellow professional traders to come forth with any suggestions to improve my blog and also to improve our trading.