28th NOV to 2nd DEC

Markets slipped in the settlement week below the previous low after breaking 4770-4800 support zone. Global cues notwithstanding our own Indian cues are also not supportive right now..Deep despair is the time to selectively get in the markets for medium to longterm in SIP MANNER..Good quality index stocks are available at good discounts and should be invested in as per your risk appetite and holding capacity. SELLING & making money is becoming too easy for traders these days and this is telling us that a bottom may be near somewhere around or below these levels..and a sudden reversal to catch /trap the BABY BEARS could just be round the corner in the next few weeks..4750 looks to be the S/R for the coming week with a range of 4500 -5000 ..above below these levels will be the breakout/in in coming weeks..enjoy your trades..cheers..