Saturday, August 24, 2013

WEEK 26TH AUG TO 30TH AUG

Markets just about about did the range as i had mentioned last week..5200-5250 became the support zone and 5480-5500 the resistance zone...5360-80 now emerges as make / break zone for the upward/downward move with a target of 5600 or above  over 5530-50 zone..&5050-5100 below As it is the settlement week and we are a tad overbought wait for a dip to get into the trade and technical traders can play both ways the volatality..do keep booking the profits ..enjoy the trades cheers