Sunday, June 9, 2013

10 TH JUNE TO 14 TH JUNE

Markets have gone in a range bound consolidation mode of about 120 points..The range has to break on either side soon..Watch  5950 for the cue going forward..Break of 5880 could take markets to 5750-5780 zone and breakout towards 6080-6100 zone..The global cues over the weekend were favorable so a leg up at start of the week could be there , then the local factors take over again...Keep an eye on the technicals and play the trend with strict  SLs ..enjoy your trades cheers..