Sunday, January 8, 2012

WEEK 9TH TO 13TH JAN

Markets all over moved positive in the new year..Our markets are in a resisitance zone of 4750-4780 cross of which can propel us towards 4880-4900 zone for the coming week..below 4700 zone we can drift towards the gap zone of 4600 again..Time wise its important we cross 4800 zone and close above it for a few days failing which the markets may end up in the usual JANUARY correction..4730 is the S/R to bewatched next week with a range of 4850-4630..
enjoy your trades ..cheers