Stock Market Weekly View from 12th to 16th August,2013.

                 

As expected line this week Stock Market is witnessing weak bounce and its up target is 5,620 to 5,650 and second target is 5,720 to 5,750. These are attractive levels for short sales. Keeping 5,800. As Strict stop loss.

After achieving above said targets Market will again resume its downward journey and its first logical down target is 5,400. And aberration level 5.150 to 5,250. By August end.

Here Market will bottom out temporarily.

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Disclaimer:-This view is expressed to M.B.A.Finance/ learning Technical Analysis students for Information purpose only. Based on this view any Market Buying or Selling is done and if there is any loss neither this view/Blog nor Ashish Thakur held responsible for the same Pl.note.