Wishing all visitors to the blog a very happy prosperous 2017. After a break of 4 weeks as i was travelling abroad a look ahead at our markets.
Markets dipped to break the low made at 7950 to bounce back again..A tentetive target of this rise will be around 8300-8350 above 8200. A retest of 8050-8100 is possible before more moves up.7950-8000 levels has to be held failure of which may lead the markets towards 7600 or below.cross of 8300 takes market to the levels of 8550-8600 zone.
quterly results may lead to volatality which should settle towards the month end for presentation of the budget. enjoy the trades and keep booking profits.cheers
Markets dipped to break the low made at 7950 to bounce back again..A tentetive target of this rise will be around 8300-8350 above 8200. A retest of 8050-8100 is possible before more moves up.7950-8000 levels has to be held failure of which may lead the markets towards 7600 or below.cross of 8300 takes market to the levels of 8550-8600 zone.
quterly results may lead to volatality which should settle towards the month end for presentation of the budget. enjoy the trades and keep booking profits.cheers
