Sunday, October 11, 2009

THE WEEK AHEAD

Markets closed WEAK below watch zone of 4970.Break next week below 4920 in close will not augur well in the short term as( 4900 puts shorts get unwinded then )the range of the markets could be 4830-5140 in the coming week with 4980 as S/R zone. Keep your trades light till a bottom is in place.enjoy the weekend.. cheers.

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