Saturday, May 2, 2015

WEEK 4TH MAY TO 8TH MAY

Markets have been drifting down from last 8 weeks from 9191(NF) and made the lowest last week at  8136 nf..which is app.88% from the rise of 8007 nf.. price wise and 62 % timewise (weekly). Can it drift further down...why not?? but any drift further can take markets  all the way to 7700-7300 zone.. Possibility of a reversal is there in case we cross and stay over  8220 for a few hours.and over 8300 for a few days..towards the last high.made.. trade accordingly..enjoy your trades cheers

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