Saturday, July 7, 2012

9th TO 13th JULY

Markets remained in a tight range after completing the 1st leg of the upmove...5270 -5360 remains a range for the time being breach of which can take the markets 50-100 points either way..As markets spend more time in this range the low of the index is slowly moving up in time...good supports lie in the range of 5050-5100 and resistances in the range of 5450-5500...For the coming week 5320 will be the S/R..enjoy the trades cheers.

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