Saturday, December 12, 2015

WEEK 14 TO 18 DEC

Markets broke the RANGE last week to dip towards the old lows made in september.. global local cues not favoring may even lead to deeper corrections in the coming weeks. As the markets may become a bit oversold a few days sharp reversal is not ruled out . perfect time to dip into your favorite stocks for mid to long term in a SIP mode.Keep trading in the meanwhile as a reversal towards 7780-7820 is not ruled out in case 7500-7550 (nf) hold in the coming week with 7690 around being the weeks pivot point.enjoy your trades ..cheers