Sunday, October 7, 2012

WEEK 8TH OCT TO 12TH OCT

Markets when in peaking out process  always gives severe jerks on intraday basis which come w/o any prior notice..The rally from 9 months is still making higher highs/higher lows..Till that  day thecurrent trend advises buy on dips though with smaller volume and on intraday bais..The result season is on us and that should define the going ahead..The week ahead the S/R for nifty future is 5782 zone  with a range of about 150-200 points.. Keep trading the rallies for quick gains till reversal of trend does not take place to put  sell orders ..enjoy the trades..cheers

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