WEEK 16TH TO 20TH JAN

Markets zipped up to the resistance zone of 4900 after crossing 4750 last week..looking ahead the global cues and our results will detail if we cross 4900 for a rush to 5000 + or not. 4830 is the zone to watch this week below which we may drift to 4755-4670..above 4900 we will move towards 4960/70 to 5050 zone..Do book profits if not done already & Wait for a good dip to get in again . For long term investers the capitulation last month was a good oppurtunity as i had recommended to get into select shares..(Rupee also is stronger now)..enjoy your trades cheers