Saturday, August 22, 2015

WEEK 24TH TO 28TH AUGUST

Markets had resistance around 8500-50 zone and failed to capture the 8650 top of the range so fell and broke 8350 range to move  150-200 points lower as being projected in the last few updates in this blog. With US  sold out on yesterday we can expect a weak weekly opening ..8150-8200 should be a good support zone +/- 50 points in case the friday low is  broken for a small bounce back towards the settlement..Trade according and also look for your favorite  select stocksin sip manner  in case of panic bottom next week.enjoy your trades cheers