Monday, November 7, 2011

WEEK 7TH TO 11TH NOV (TRUNCATED)

Markets showed the resiliance despite profit taking /bad european cues, closed above 5300 for the long weekend. The week ahead is truncated with 3 days trading so trade light and in the direction. 5300 is the S/R for the coming week with a range of 150 points minimum either way..Keep booking your profits as we head towards 5400 and wait for good dips to get in..enjoy the holidays
cheers..