Monday, June 5, 2017

WEEK 5TH TO 9 TH JUNE

Markets have been slowly edging up after crossing the threshold at 93-9330 zones and staying over it now for sometime..this 9300 zone now is a strong support zone in case of a sudden fall for any reason global or local..the resistances now above will be 9850-10,000 nifty levels if we keep trading over 9650 zones..most stocks are stuck in their old price ranges and some kind of rotation is going on. short traders are having a bad time over the last few months as holding short positions not possible with small falls and long advances..be a trader ,advise still is to hold your buys till a deep correction does not set in and be a trader till then..cheers