Saturday, June 30, 2012

WEEK 2ND JULY TO 6TH JULY

Markets took support at the 200 dma and gave the breakout expected over the lat few trading sessions .. Hope friends visiting the blog would have benefitted from our posiitve bias of the market..Well the journey from 4800 supportzone will now move into the resistance zones of  around 5350 to 5450 zone and will also spend time consolidating to see which way to move ahead ..Do book profits in the coming week and wait for good dips to get in again..5200-5220 zone should be good supports below 5270 zone in the coming days..5231 is the S/R for the coming week ..enjoy your trades cheers