Monday, March 17, 2014

WEEK 18TH TO 21 ST MAR

Markets halted at the 6600 zone NF for a consolidation/profit taking..Trade ahead has to be with strict SL at the last weeks low or below around 6400-6350 ..failure to cross 6560-80 zone deceisively in the next week will be reason for BEARS to come into play.and a cross /close above 6620 for a few days will signify a good breakout...As next week is the settlement week so a range bound trade may be in offing and beyond that the political /global events can take over..Do wait for sudden good dips to get into your favorite stocks again..Markets always correct and will correct now also..Take your call..cheers and a VERY HAPPY HOLI TO ALL VISITORS TO THIS BLOG..