Monday, January 16, 2012

REST OF THE WEEK (17-20 JAN 2012) - NIFTY FUTURES


MARKET CHOPPY ON MONDAY, WE SAW THE VIEW OF REST OF THE WEEK.

THIS WEEK,

18th - AMERICAN INDUSTRIAL PRODUTION
19th - AMERICAN JOBLESS CLAIM
20th - AMERICAN HOUSE SOLD DATA

MARKET MAY TURN POSITIVE  ONLY AFTER 5050 THIS WEEK. IF IT BREACHED THEN IN COMING SESSIONS WE MAY HOPE IT MAY GO UP TO 5300 LEVELS.

IF MARKET MAY CUT 4735 THIS WEEK MARKET MAY GO UP TO 4300 LEVELS IN COMING SESSIONS.

MARKET MAY CAME DOWNSIDE THIS WEEK CHARTS ARE FORETELL, SO AVIOD POSITIONAL LONG CLOSE ALL TRADES IN INTRA ONLY. IT IS BETTER TO SAVE CAPITAL MORE THAN WE EARN.

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