Sunday, October 28, 2012

WEEK 29th oct to 2nd nov

Markets remained in the range last week too though the settlement was higher than last month...So what next????a few more  days left for time correction to be over  before a decisive move can come or it may stillbe  range bound..the range set right now is 5650-5740 ..Markets have to breach this range..till then trade the range with strict stop losses in place.The trigger is missing..RBI policy on 31st or US results come around 5th Nov or maybe something else..The breach should move markets quickly by 200 points..Trade accordingly..cheers