Sunday, August 31, 2014

WEEK 1ST TO 5TH SEPT

Markets settled at the top in the truncated week ..The targets of 8050-8250 zone still remain pending and supports have now moved upto 7840-60 zones ..Markets are moving slowly now with some good news pouring and may creep up towards the targets given above..The churning in portfolios is keeping the index from falling suddenly as one or the other index comes to the rescue when selling starts. DEEPER SUPPORTS are now in range 7200-7500 which markets may  touch once correction starts and we stay below 7840 zone for a few days..Till then enjoy the ride till targets achieved with strict stop losses on your favorite stocks or index..enjoy the trades ..cheers..