Monday, April 13, 2009

WEEK AHEAD

Markets are poised at a crucial juncture ralling so much for the last 5 weeks..There are strong resistances in 3400-3450 zone.. over which 3522 is a very strong supply zone..Major indictors are giving negative divergences in intraday/daily charts..There is huge talk of markets galloping upto 3700-3800 ..Care should be taken in judgement on such lofty targets, Nimble traders can trade well on both sides intraday and BREAK of 3310 NF this week could take the markets all the way down to 3200 or lower zone. will try to post some charts later on path ahead..enjoy the day cheers.

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