Sunday, October 2, 2011

WEEK 3RD OCT TO 7TH OCT.

Markets last week were on a roller coaster ride with news flowing from all around..Good times for technical traders..We are still in the woods and the nervous energy keeps hitting us with the volatality..going forward the quaterly range should be about a 1000 points and the coming months range should be around 450-500 points..
Trade inthe coming week will be less due to the festive mood all around..Trade on dips maybe with smaller quantities and let the market move towards the results season..pick and buy your favorite stocks in dips..4900 is the S/R area for coming week with a range of 4800-5000 +/-100 points..Trade with care..cheers & happy navratras/dussehra.