Saturday, April 4, 2015

WEEK 6th to 10 APRIL

Markets held the bottom made recently and moved quickly to cross the resistance of 8550 towards 8650-8700 (NF) zone.Is it the end of the correction..Only the retest of lows and the coming result season will tell what the markets have in store for us..Below recent lows 8000-8100 zone offers strong support and above 8650, 8800-8850 is a strong resistance..Markets may remain range bound in 200-300 points till the results and then taking a cue from there start the new journey..Keep trading the buys of the good dips you get..enjoy the trades cheers