Wednesday, October 12, 2016

WEEK 10 TO 14 OCT

Markets moved towards the lower end of the range and broke the 8750-8700 zone to recover around that zone. Truncated week with holidays wont give much away . below 8750 possibility of 150-200 points fall always remain and above it we head back towards 8900-8950 zone.Cues are lacking and markets correcting well in sideways mode into a time wise correction of this vertical rise....Caution is reqd. here a bit as break below 8550 takes us deep to 8150-8250 zone. keep trading and wait for good dips to get in.. enjoy your trades ..cheers