I have been writing in this blog for the last few weeks that we are heading towards 6200 zone plus..Markets have touched the monthly targets of 6200 plus in this rally..Running markets have no Resistances as falling have no supports..So what are we looking at now????In the previous high fall one of the monthly highs swings was 6209 which we seem to have touched..Though weekly monthly EW targets project 6300-6500 a sudden sharp dip could be round the corner..Wait for a dip to get in..6120-30 seems to be the support of the market below which the zone of 6030-50 will provide creditable support so long as we keep making higher highs and higher lows.. Technical traders should keep trading with their technicals as volatality will give them good moves both ways....Many Many stocks still are lagging behind and daily RSI is showing a negative divergence..caution is advised..enjoy the trades cheers..
