ASX 200 weekly : 5125 target achieved next tgt 5300

ASX weekly technical analysis for 7 to 11 march 2016

ASX weekly technical analysis for 7 to 11 march 2016

Asx 200 index this week closed with gain. After last week correction, asx resumed recovery rally and closed at week high.   On weekly chart, asx index price trend is down but momentum is on recovery side. My given target of 5125 is achieved now next target is 5300 which can be expected in 1 to 2 weeks.   Weekly chart indicators are with bullish divergences and suggesting major upside from here.   Above 5300, next resistance as well as target zones levels for asx will be 5485. On downside 5125 is now act as daily closing basis support zone.

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
COPYRIGHT © 2009-2018. Pramod Baviskar. Dalal street winners advisory and coaching services. FAQ | Disclaimer | Privacy Policy

This website is best viewed using Microsoft Internet Explorer 9 or higher, and/or latest version of Google Chrome and Mozila Firefox browsers.