'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Wednesday, March 7, 2012

The market made a dramatic revenge today from yesterday's tumultuous pounding by the bears.

This time the bulls are always ready to counter any attack the bears they are trying to bring in the table.

One good trade today is at the consolidation level 12780 that leaps vertically from thereon.

Buying at that level and selling at the close is the trade for today.