power house for nifty technicals and stock market fundamentals with charts and technicals.
Saturday, September 20, 2008
NEXT WEEK TRADES... 22nd SEPT.
The week gone by closed higher than open theirby giving a bullish bias for next week. As markets have given a huge move from 3800, profit taking will come if we gap up again on monday..keep taking profits to remain healthy in this market, and buy on dips now. 4125-4150 range should be watched, any break of this will take markets down to retest the 4070-4020 to 3990-3960 zone again. The resistance will again be 4308-4328-4368-4398-4420.Trade carefully keeping in mind that this is the settlement week which can be as volatile as you can ask for..CHEERS
Subscribe to:
Posts (Atom)