Saturday, January 23, 2016

WEEK 25 JAN TO 29 TH JAN

Markets did halt this week to bounce  up a bit from their oversold positions..Time will tell if over the next week or two we do not break the Low made at 7241(NS). Below 7350 , 7000-7150 now offers a good support and 7500-7550 will offer some resistance.cross of this level can propel us towards and  7650 levels and above  . Trade accordingly and keep booking your trading positions..cheers