Sunday, September 18, 2011

WEEK 19TH SEPT 23RD SEPT.

Global cues drove our markets last week along with RBI etc in India..the market is ranging btw 4900-5200 & a break either way will give a quick fire 150--250 points either way..5050 is the S/R for the coming week with a range of 4950-5230 ..There are still no great cues for markets to surge forward and next weeks US QE 3 decesion may be the last of the info for global markets , otherwise the range trading will persist till range breakout does not take place..Trade the range..
cheers

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