Sunday, August 11, 2013

WEEK 12TH AUG TO 16TH AUG

Markets moved in the range last week neither breaching 5550 nor crossing 5700..So what next..Being a truncated week if the consolidation / sideways trading is over then a small move either way beyond the range 5550-5650  can take place ,,,the move could be 100-150 points..the larger range could be 5400-5800 ..trade accordingly..cheers..