Sunday, June 16, 2013

WEEK 17TH TO 21ST JUNE

Markets gave a huge leg down with the break of 5880 zone..We almost reached the important support zone of 5650 around  .The relief  rally was expected from this oversold zone in the intraday charts and we got a good one..News from RBI policy etc next week will define the early part ..5850-5880 is a  resistance zone and 5750-30 a  support..Break either way with take markets 100-150 points..Trade accordingly..cheers

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