SETTLEMENT BLUES..

Despite weakness of the last few days , the markets managed to move towards 2800 zone for closing..As i posted the pitchfork chart in the morning , the market is already inching towards 2800 above zone..So lets see how it fares in the next few days.. 2760 area to watch for supports......Markets tend to surprise the masses ( all & sundry are very bearish) trade the trend not the NOISE.......anyhow enjoy the day ....cheers..

ROAD AHEAD

Mapping the footprints of ANDREWS PITCHFORK, a reasonable trading range comes in view from the above daily chart..app. ..2250-2550-2800 looks like the range as of now.. The above chart clearly shows where we can head in a weak market in the coming weeks ahead..In case we trade above 2800 for some time, the A P will have to be reversed for targets upwards...Hope this helps all visitors & friends who have been enquiring from me on this subject.. Do get in touch with us for our service details in case you are looking beyond this for more detailed analysis/daily /positional trading etc ..happy trading cheers..