Sunday, January 26, 2014

WEEK 27 TH TO 31 JAN

Markets moved towards the Top of the range towards 6350, failed to surge ahead and moved back towards the 6220 zone ..Breach of this zone next week will take us to the bottom of the range or 6151..Global cues not holding there is possibility again of breach of this zone towards 5950-6000 in the coming days or again a range bound trade between 6150-6230-6350 (NF).Breach below  6151 will signify a top in place and more correction to come in the coming months to retrace the 5108-6480 ride..Trade accordingly & wait for good deep dips to get in your select stocks ..cheers.