Hi Friends, there has been no respite in global markets, they are falling, so are we. All support levels has become just jokes.
today, suppost exists at 4572-4480-4420(jan lows), if these supports are broken, we will fall to 4022.
however i strongly feel that there will be a pullback in Dow, and are markets of 200-300 points before we fall again.
i wouldnt suggest buying here, coz in such beaten down conditions, we should never look for bottom fishing, rather we will wait to see a reversal.
definately no shorting at these levels however. try and stay out.
today, suppost exists at 4572-4480-4420(jan lows), if these supports are broken, we will fall to 4022.
however i strongly feel that there will be a pullback in Dow, and are markets of 200-300 points before we fall again.
i wouldnt suggest buying here, coz in such beaten down conditions, we should never look for bottom fishing, rather we will wait to see a reversal.
definately no shorting at these levels however. try and stay out.
