Saturday, July 25, 2015

WEEK 27 TH TO 31 JULY

Markets in the last week have been moving in a range 8500-8700 app.Break of this range can give a 150--250 points move quickly..Its been 5 weeks since this last up move started and its been making higher high/lows so far..we have to keep making higher highs to sustain this up move failing which the markets will dip to test lower levels..watch 8470-90 (NF) zone carefully for this dip.Trade accordingly..cheers