Sunday, January 15, 2017

WEEK 16 th TO 20 th JAN

Markets crossed the 8350 level to move towards the 8500-8550 zone . profits should be bookedas we climb up as the rise is with small corrections only and gap ups..a sudden reversal of 150-200 points cannot be ruled out in case we stall at the higher zones.8600-8800 could be a logical  target of this upmove,  . Budget at the month end could be the trigger for the next upmove after a  correction in this recent upmove. keep booking profits and enjoy the trades. cheers