POST MARKET REPORT 22-12-09

MARKET WAS VERY CHOPPY AFTER OPEN & MOVED IN VERY NARROW RANGE OF 30+ POINTS ONLY. NEITHER BROKE THE RESISTANCE  NOR THE SUPPORT & HENCE KEPT THE TRADER CONFUSED ABT ITS MOVE.MARKET MOVE WASN'T SUCH THAT BEAR THINK ABT COVERING WHAT THEY SHORT,WHICH MEANS THAT MARKET IS STILL IN THE BEAR GRIP OR WE SHOULD SAY IT'S A RELIEF UPMOVE IN THE BEAR ZONE  BULLS CANT SMILE UNTILL IT BREAKS THE 5010 MARK & MOVE TOWARDS 5040-5070 BAND. HOPE MARKET GIVES SUCCEFUL CROSSOVER TO THAT LEVEL OTHERWISE WE CAN STILL SEE THE SAME CHOPPY TREND FOR REST OF THE WEEK OR MONTH . FOR WEDNESDAY IT MAY EXPERIENCE RESISTANCE AROUND 5010 LEVEL,IF THAT MARK WONT BE CROSSED THEN SHORTING WILL BE THE BEST IDEA OR CAN GO LONG ON SUSTAIN OF THE 5010 MARK.