Markets gave the classic dip towards the 5050-5100 zone..hope visitors to this blog used the opportunity to get in for good profits during the settlement week volatality..Cash buying should be booked as decent profits in select stocks is available if you had bought the capitulation..So what happens ahead..We almost completed theongoing weekly technicals target at the bottom and this retracement can be used over this month to unwind stuck longs so the next dip can be taken again..For next week watch 5530 zone over which 5650 and above can be achieved in this up move..any dip towards 5320-5350 zone will give opportunity to enter selectstocks of your choice..Below this we can go all the way below 5108 towards 4950-5050.. again..trade accordingly..cheers
PS: We are again at important Time Cycle zone now ..
PS: We are again at important Time Cycle zone now ..
