Sunday, May 17, 2015

WEEK 18TH TO 22ND MAY

Markets are making a higher low and a lower high in the last week..the range is narrowing despite of huge volatility through the  week..This could be a prelude to the breakout of the range in the come week or so..8150-8300 seems to be a range right now( +/- 150-200 points for a small breakout/in)..keep booking profits in this range..7750-8750 is the outer range for the time being.enjoy your trades cheers