Monday, August 3, 2009

PEAKS SCALED

Nifty has finally scaled the old highs today , The rise was quite slow and laboured until Europe opened..markets will now try to move up further towards their targets of 4850-5100 ..supports lie at 4670 & deeper at 4580 zone..trade in the direction in the coming days with very strict stop loss..enjoy the day cheers..

WEEK AHEAD

Markets are poised to scale higher this week & Nifty is expected to cross the old high..Sensex did it last week..Weekly S/R is placed at 4576...with the range being app. 4300-4800 for the coming week..enjoy your trades ..cheers.