Saturday, June 29, 2013

WEEK 1ST JULY TO 5TH JULY

My observations last week would have helped all visitors to the blog plan their entry in longs and exit from shorts..Despite of a heavy bearish feeling all around the technicals were saying that if the low is  held a fast  rally is awaiting us .. .the run over 5617 to 5700 then 5800 and above almost worked to the script.. Hope all booked profits of this run at least most of it..There will be a dip in the coming week and one can reenter at a appropriate level..WATCH 5800 closely in the month of JULY..over it BULLISH  below it BEARISH ( keep your  sls) 5700-5900 +/- 100-150 points could be a  minimum range for the coming month...Trade accordingly..cheers