18th to 22nd JUNE

The bias of upward momemtum worked and markets moved to 5150 zone despite bouts of correction waiting for the big events to happen in the coming week..We r now back to 5175-80 zone once again ( this is the break/out down zone of the past many times..)Watch this area closely in close..a few closes above this can take us all the way to 5400-50 zone in coming weeks..Failure to stay above this and close below 5090-5100 will spell weakness in the days ahead and a deeper correction can be expected thereon...Trailing SLs should come in play now for  what was bought below..so it can be rebought in dips again..enjoy the ride..cheers 

PS: Markets have been rewarding the brave traders with a plan..