What a roller coaster ride last week..Started with a huge gap down and rushed towards the May 16 th 2014 high made..The fall had been lurking for long as we were not able to cross 8650 for a bit of time..The reversal from the lows of 7665( nf ) was fast furious.Now what next,..We had a 460 point range last week which should reduce in case volatality settles down in the coming week.8200-8250 on the upper side and 7800-7850 on the lower side with 7900 set as middle point should be watched ..enjoy the trades and do keep booking your profits when they are there . ..cheers
