Sunday, December 2, 2012

WEEK 3RD TO 7TH DEC

Markets did complete its correction at 5555 as was mentioned last week( it climbed over the wall of worries as they say ) , crossed 5660 with a bang and moved over the recent highs..This is a break out now after a long consolidation..To sustain this markets should stay over 5820-5855 zone for some time.. 6150 should be a logical target if the lows mentioned for supports are maintained..Buy the dips and the stocks in momentum for trading and book profits as we climb higher..enjoy the ride till it lats ..cheers