A better week than last, but still waiting for some big...

A better week than last, but still waiting for some big buyers.

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A good week, a move from 124 to 133. Volume still not very high, indication of consolidation happening.

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We have had a good rise recently on the back of strong announcements. Also many feel we may be for a positive update soon. So I feel this week trading was very positive, it not only held to the gains but finished much better than last week, though still below 2 weeks back, intra day it did cross that.

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Personally I have not yet bought, as I mentioned last week, I am waiting for a break on WR1 or macro, general markets and Li macro to improve. But this week play was very positive, so hopefully get back soon, still waiting on Li macro.

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So what may happen next week? Any announcement will make a difference. A strong one could take us past 150 mark to my next number around 170. On weakness, for whatever reason, 118 is a number, but 130 is the other number which I talk a lot, it is now supposed to be a good support. A hold of that will be positive. That's the number I want to buy around. Let's hope we break this consolidation next week. Enjoy your weekend and all the best.