Monday, August 15, 2011

WEEK 16TH AUG TO 19TH AUG

Markets are completing their correction / consolidation ..US europe Asia has seen some bounce ..5100 seems to be the threshold level for us below which we may retest the bottom at 4950 or cross may take us to 5220 range..break either levels will give a quick move of 100-150 points..Some adding in portfolio for medium term is desired here ..more added on dips..rest to be traded..lets see where the range settles..enjoy your trades..
cheers.

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