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Chinese markets Shanghai have surprised

Chinese  markets Shanghai  have  surprised  many including  us...sure we were bullish , but we were seeing a profit taking and supply  zones closer to 4400 or so a correction  till 3700 to 3800 , but the magnitude  of rise is amazing , it corrected  from 4400 to 4000 and today morning its 4600 printed as highs.

Our SGX Nifty is starting with a caution  @ 8402...below 8380 and 8360 there are signs of worry and below 8360 and 18300 nifty and bank nifty alerts

{May 22,2015}

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