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

Monday, October 22, 2012

Monday's Market Action

The market bounces back at the later part of trading.

It opened above from Friday's close only to make choppy/volatile moves almost the whole market hours.

The participants are gauging the market sentiments due to earnings reports and vital calendar market events.

Let's see come trading days ahead if the market will prevail from today's move.