Sunday, April 24, 2011

WEEK 25TH TO 29TH APRIL

Markets gave the pop up from support zone of 5700 once again to the resistance zone of 5950.Cross of this zone propels us to 6000 and beyond..5850 is the S/R of next week with a range of 5750-6000..A small dip can be expected early in the week with the ususal settlement week volatality.Trade accordingly..Index stocks have moved well and need some profit booking on rise if not booked till now..
enjoy the week
cheers.