Saturday, May 24, 2014

WEEK 26 MAY TO 30 MAY

Markets consolidated the whole week in the range set on result day of 7625-7160(NF)..to slowly climb up by close on friday..Swearing in on monday and settlement week  may propel markets towards 7520 zone if it stays over 7380 zone..7800 is also a pending target of this upmove above which we head  above towards 8200-8500 in coming weeks /months..strong supports now lie at 7160-7200 zone below which some serious correction can take place..Do trade and keep booking your profitable positions till the party lasts..enjoy the trades cheers..