Saturday, January 21, 2017

WEEK 23 RD TO 27TH JAN

Its a truncated settlement week ahead. Markets could not reach the targets of 8500-8550 (NS),stalled around 8460 zone and  did the sudden collapse after a few days of sideways trade...8300-8310 should provide some support and 8400-8420 zone give resistance. deeper down correction can take us towards 8200-8250 zone. Cross of recent highs may take us towards the 8550-8600 zones. Buy in good dips remains the trading policy  in case you keep booking your trading profits at stalling zones..enjoy the trades .cheers