Saturday, October 25, 2014

WEEK 27 TH TO 31 OCT

Markets rallied to cross the 7950 (NF) zone with gap up in the Diwali week after taking support at the 7750 zone..Break out should face resistance  in this zone of 8050-8100 for some profit booking..another round of consolidation will emerge with 7850-7900 as strong support zone break of which will lead to retesting of the bottom..8200 seems to be the top for a while till it is not breached and closed over for a few days for the next up move..till then book your profits as we rise and buy in good dips..cheers

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