Saturday, July 20, 2013

Week 22nd july to 26th july

Markets have moved with volitality this month upwards to after completion of its correction from the recent tops..We may have reached a important retracement levels in case 6100 is not breached and closed above for more than 3 days..Will have to wait and watch this levels before the next move unfolds..as WEEKLY correction may set in (deeper one) below these levels..5850 will be important level to watch below 5990/5930 and beyond the high of 6239 we can head towards 6400 and above in the coming weeks months..Coming week is settlement week so trade with caution and strict Sls..6090-5990 should be traded watched beyond which is quickfire 100-150 points..enjoy your trades cheers..