ON 03/10/2011 - 07/09/2011 - MARKET MOVEMENTS FOR THE WEEK

LAST WEEK MARKET WAS GET SUPPORT AT 4757 LEVELS AND GO UP TO 5030 LEVELS. THIS WEEK GLOBLE CUES PLAYS A MAJOR ROLE. 

LAST WEEK WHAT WE TOLD UPSIDE 5030 IS THE PERSISTENCE. IT WAS REACHED.

THIS WEEK

MARKET HOLIDAY ON THURSDAY. SO PRESSURE ON FRIDAY I THINK.

WHAT WILL HAPPEN THIS WEEK :

 IF MARKET IS NOT BREAK THE 5173 LEVELS THEN IT GOES DOWN SIDE. MAY BE TO 4710 LEVELS. IF IT BREAKS THEN MAY BE UP TO 4300 LEVELS.

NOW TRIANGEL PATTERN BREAKS THEN THE MARKET GO UP TO 4250 LEVELS. SO AVOID DELIVERY POSITIONS. DAY TRADING ONLY GET BENEFIT.

BUY LIC HOUSING FOR  INVESTMENT PURPOSE.

THIS WEEK MARKET MOVE UP TO 4950 LEVELS IF IT GOES BEYOND 4790 - 4610.
 

DOWNSIDE ONCE BREAK 5040 LEVELS THEN IT MAY GO UP TO 5173 - 5250.

MONDAY MARKET MAY OPEN IN RED. 

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