POSITIVE ALL OVER

Markets just about carried on doing their march from the despair and lows of last week to move near the MULTI RESISTANCE ZONE of 4900-4930..Remember this is where the breakdown started from..do book profits once in longs if the markets stall here and then wait for a dip to get in again..( Markets generally retest bottoms or make higher lows for bullish moves of future..)enjoy the day..cheers.

WEEK AHEAD

Markets just about moved back from their oversold territory top close last week at 4800 zone..4860 is the MONTHLY S/R( stop & reverse for the traders, above it bullish below it bearish)..The range of the week could be 4600-4900 around with 4720 zone as S/R for the week..Booking profits at highs & Buy in dips could be a stratergy for the coming week..enjoy the day cheers.