Saturday, December 14, 2013

WEEK 16th to 20th Dec

Elections came and went..Markets gave the Flip up and Settled & then quickly corrected down ..As written we did reach around 6500 but failed to sustain to move  the markets higher..The reversal is for the complete move starting from 6000...6220 again is a crucial S / R  level to watch next week below which the correction goes deeper..6300 is a resistance zone over which 6420-50 can be tested again.Do buy your select stocks which have again corrected well for a move up to retest tops again after this correction is over..enjoy your trades ..cheers

No comments: