Monday, April 6, 2009

DANGEROUSLY OVERHEATED MARKET

Market has just being going in one direction and according to me it can give a big jerk down between 8th and 17th April.... daily RSI is around 80 and one or two days rally is possible from here. Today's pivot is NF 3204 for target 3254-3285-3314. Weakness below NF 3169-3140.