ON 19/09/2011 - 23/09/2011 - MARKET MOVEMENTS

LAST WEEK MARKET HAVE GAIN TO IT'S PREVIOUS WEEK, AND CLOSED AROUND 5087 LEVELS.

THIS WEEK

MARKET HAS A STRONG RESISTENCE AT 5175 - 5225 LEVELS. IF ONCE CROSSED 5230 LEVELS, IT GAINS 500 POINTS FORM 5225 i.e. IT GOES AROUND 5750 LEVELS IN SHORT PERIOD.

BUT LONGER MARKET VIEWS GIVES THE BEARSIH MODE ONLY. 4710 IS A VERY GOOD SUPPORT FOR THE MEDIUM TERM. IF IT CUTS THEN 4300 IS THE TARGET.

THIS WEEK MARKET MOVE UP TO 5200 LEVELS IF IT GOES BEYOND 5150, IF IT IS NOT CUT THE 5200 LEVELS THEN MARKET SLIDING TO 4900 LEVELS.  

IF MARKET WEAK IN FIRST 2 DAYS ,THEN IT MAY GO UP TO 5850 LEVELS IN THIS WEEK.

MONDAY MARKET MAY OPEN IN GREEN. 

SO FOR TOMORROW INTRA LEVELS YOU WATCH TOMORROW MORNING 9.00 a.m.