Sunday, July 12, 2009

4000 levels tested. Market to bounce early this week ?!


Markets tested 4000 levels on friday in the late evening sell off and closed a shade above that mark. Now that the whole world is looking down at targets of 3800, 3600 and so on, will it be time for the markets to give a surprise bounce till 4222, 4300 levels?

This could happen anytime this week and there will be a sudden upsurge in the market.

Resistance levels : 4045, 4085, 4117

Support levels : 3966, 3930


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Happy Trading
www.tripleint.com

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