POST MARKET 03-12-09

MARKET WAS OUTPERFORMER FOR MOST OF THE DAY COMPARED TO ITS ASIAN PEER,TRADED IN GOOD POSITIVE ZONE IN 1ST HALF.LATER IN THE 2ND HALF,HEAVY SELLING PRESSURE GAVE SHARP DOWN JERK & DRAGGED IT BACK TO YESTERDAY'S CLOSED LEVEL.ALTHOUGH IT CLOSED ABV 5100+ MARK.AS LONG AS,IF IT HOLDS THE 5060-5090 BAND NOTHING TO WORRY FOR BULLS.AS MARKET IS HAVING GOOD MID-TERM SUPPORT AROUND 4980.LOOK LIKE IT IS CONSOLIDATING BY GRADUAL OFFLOADING INTERVALLY CREATING ITS WAY FOR GOOD UP MARK.STILL BE CAUTIOUS & DONT TRADE TOO HEAVILY UNTILL CONFIRM THE TREND.TOMORROW,THE LAST TRADING DAY OF WEEK.SO,IF POSSIBLE,PLS DONT CARRY TOO MUCH OF OVERNIGHT POSITION.