FTSE weekly- achieved 6060 tgt reversal rally tgts 6260-6350

ftse 100 weekly chart 9 april 2016 FTSE 100 index this week closed with gain at 6204. This week FTSE achieved my given target of 6060 and then given strong reversal.   With breakout above 6150, FTSE future heading towards target of 6260 and then expect next target as well as resistance at 6350.   FTSE signaling big rally in medium term and level of 6400 to 6500 can be expect in weeks.   On downside 6150 is strong support as well as stop loss for long positions.

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Pramod Baviskar

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