Saturday, March 7, 2015

WEEK 9TH TO 14 MAR

Had written in the last few months repeatedly that markets are targeting 9200-9250 (NF) in the coming weeks so dips have to be bought..Hope readers of this blog enjoyed the ride..The dip was severe due to profit taking on the gap up but stopped at crucial supports repeatedly. What Next???below 8900 a good correction can take us all the way to 8500-8600 zone in case we fail to cross the recent high made..Cross of high targets 9350-9500 zone initially and over 9800(NF) in a few weeks/monthsTime wise we are completing  a cycle so caution has to be taken in your longs and profits should be booked here or as we rise..enjoy the trades cheers.