Monday, September 7, 2009

BREAKOUT

Markets after consolidation last and with fridays move just about moved to cross and make new highs ..the range of 4600-4800 maybe breached on the higher side..Do book your longs tomorrow if any ,as profit taking unwinding can be expected.. above 4780 market can make a dash for 4880-4920 zone.. support lies deep down..enjoy the day... cheers..

WEEK AHEAD

Markets just about surged ahead to close near 4700 zone..4670 zone should be taken as the S/R of this week going forward..4600-4800 could be a range..Trade accordingly..cheers..

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