Sunday, April 20, 2014

WEEK 21ST TO 25 TH APRIL

The coming week is the settlement for the month of April and also truncated due to holiday on 24th..The market reacted after 3 days correction and may retrace 60-80% of this down move..it was mentioned before also that 6850 is apossible target & cross may  take us to 7050 zone for this rally...In case we fail to cross the high and stay over it for a few days ,depending on global cues a short sharp correction of this whole up move may start..So be a trader for this week and be alert for a fast furious reversal in case when do not make and sustain new highs..Support below 6650 zone will go all the way to 6470-6500 zone ..enjoy your trades cheers..