Monday, November 4, 2013

MONTHLY & WEEKLY 5TH TO 8TH NOV

Markets gave a breakout to post a new HIGH at diwali in both SENSEX/NIFTY..So the weekly monthly buy worked out well..ultimate targets for this leg up could be in range 6800-7200 in the coming months year etc etc ..whenever the breakout sustains...For the coming month 6080 is now the watch zone below 6250-6220 zone ..resistance above 6400 could be in range 6450-6470..Do book profits and wait for good dips to get in..Post Diwali is a new year of trading and caution ahead could be the name of the game..Till then enjoy your trades cheers..