Monday, January 10, 2011

NIFTY is stretching to reach for new Lows.

Bears doing their Joy ride on the markets, NIFTY short gains 300 points. Managed futures account holders enjoying great gains. Both daily and hourly are unrelenting on their bear strength. Next big support is at 5750, are we heading for it? Let's not be biased, we shall enjoy the ride along with our happy Bears.

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