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SHANGHAI WEEKLY OUTLOOK

Source : http://www.moneyvistas.in/ \
Click here to read about previous post on Shanghai.Which was clearly written about correction.


Pivot ----- 2739
Support ----- 2615/2542/2418
Resistance ----- 2812/2935/3009


From 2918 level we have seen 8.5% correction on Shanghai market.In next few weeks 3030 to 3060 is Tough resistance.


First resistance at 2890 level.


Downside strong support at 2640.Below this level 2565 is support area.
Coming week we may see positive weekly close on Shanghai market.


Cheers & Best to your trading


Disclosure: no positions