Saturday, November 23, 2013

WEEK 25TH TO 29TH NOV

People following this blog would have got it right in the last few weeks the markets movements..It was clearly advised of a app.  Diwali  week top..then a correction..an oversold positions rebound ..followed by another fall..The markets followed the script perfectly till now..

Now what next???? In case the last weeks Low is held in the coming week the markets will attempt 6220 again and cross of this zone the recent top of 6383(NF)..Failure can take us to 200 DMA at 5850 around at least , below which a deeper correction can start..5990-6120 could be a consolidation zone for the market in the coming week etc( do keep in mind the settlement week volatality..).. ..so trade that..Do buy your select stocks for trade..enjoy the trades cheers

No comments: