Saturday, January 2, 2016

WEEK 4TH TO 8TH JAN

Markets have moved up slowly towards the last high 8005(NF) , making a high of 7994 yesterday.a close above 8020  for a few days can easily propel markets towards the 8120-8260 zone in steps. a drop below 7950 zone can take us to 7850 and 7760 zones app. negative divergences have appeared in some indicators warning us to keep strict stop losses. do book your profitable positions as we go up and wait for good dips to get back in.cheers

No comments: