Sunday, June 24, 2012

WEEK 25th to 29th JUNE

Markets have hown strenght in the last week by holding on to 200 DMA supports despite global bad news and drop downs..it recovered from the  intraday falls ..The week ahead could be decesive one on news flows ..Anyhow 5126 is the S/R for the coming week with a range of 150-200 points..Markets could be volatile due to settlement week too but with a positive bias..watch 5090 in close for any weakness and close over 5200 for a breakout..enjoy your trades cheers..