Friday, September 5, 2008

Caution day.

NIFTY EOD chart still in LONG Mode with a SAR of 4300. No caution level hit yesterday. Hence, I would not dare to go SHORT at opening, unless my system signals a SHORT. I will update this posting if a SHORT is signaled.

Nevertheless, a weakness is seen in 4 Sep price action since it could not go above the prior Days high.

I am working on a an instant Email alert on my system to benefit to you all. So, in my absence too, it will intimate you via an instant email … I will announce the free trial in a couple of weeks. hopefully

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES