Saturday, September 10, 2011

market view for sept 12th 2011

Only buyers zone > 5115
Only seelers zone < 4990
buyers indecisve zone 5085-5115
Sellers indecisve zone 5020-4990

Market range 5020-5085 ;
Go long around 5020 for target of 5085, with stop loss of 4990 ; or go short at 5085 for a target of 5020 with stop loss at 5115 ;
Don't trade between buyers and sellers indecisve zone..
below 4990 sell with stop loss at 5020 and above 5115, buy with stop loss at 5085
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