Saturday, July 22, 2017

WEEK 24 TO 28 TH JULY

Markets have moved between ranges 9800-9950 for some time.range breakout/down can take it 150-200 points either way.Momentum still on long side waiting for some big trigger for correction which is lacking so small up moves after smaller corrections..be light and trade your profits as they come..cheers

Saturday, July 15, 2017

WEEK 17TH TO 21ST JULY

Markets took support the the 9450 zone to move up once again to cross and move up towards the target range of 9950-10,500 ..many stocks not participating in this rally and are much lower than they were in 9000-9300 zones..a sudden dip towards 9750-9800 can come in the coming time which may propel markets further up.keep booking profits and buy the dips..wait for a very good dip to get into investments again..enjoy your trades cheers

Sunday, July 2, 2017

WEEKI 3RD TO 7TH JULY

Markets could not cross and stay over 9700 so dipped towards the zone 9450-9500 , and moved up after taking support at 9450 around zone..only if markets cross and stay above 9580-9600 an attempt can be made to cross top again..failing which the markets can break the lows to go towards the targets of 9300-9330...buy the good dips..and keep trading for profits..cheers

Saturday, June 17, 2017

WEEK 19 TO 23 RD JUNE

Markets are still in 100-150 point range between 9580-9700 and a breakout/in expected in coming days.cross of 9700-9750 will propel towards the 10k target ..There are indications of a dip ,so be careful and wait for it to come before entering your key stocks. 9300-9350 will be a decent support level below 9500 . in the meanwhile keep trading the dips.cheers.

Monday, June 12, 2017

WEEK 12 TO 16 TH JUNE

Markets are in a range of 9700-9600, break of either side will take markets 150-200 points either side.below 9600 strong supports lie at 9300 zone and strong resistances lie at 10000 zone..only technical trading is helping intra traders to make some moves..investments still at hold as not much movements around..keep trading cheers

Monday, June 5, 2017

WEEK 5TH TO 9 TH JUNE

Markets have been slowly edging up after crossing the threshold at 93-9330 zones and staying over it now for sometime..this 9300 zone now is a strong support zone in case of a sudden fall for any reason global or local..the resistances now above will be 9850-10,000 nifty levels if we keep trading over 9650 zones..most stocks are stuck in their old price ranges and some kind of rotation is going on. short traders are having a bad time over the last few months as holding short positions not possible with small falls and long advances..be a trader ,advise still is to hold your buys till a deep correction does not set in and be a trader till then..cheers

Monday, May 15, 2017

WEEK 15TH TO 19TH MAY

Markets still in a range and just creeping up slowly while profit taking is going on in stocks.above 9330 zone  95-9550 could be a short term target..dips will have supports now at 9300-9330.. Trade this zone and wait for deeper cuts to get in for term buying.cheers

Monday, May 8, 2017

WEEK 8TH TO 12 MAY

Markets now moving in a narrow range again 9250-9350. seems like distribution going on ..One has to be patiant here and wait for very good dips to go into investment mode again..till then trade a good dip either way and get out with your profits..enjoy your trades cheers

Sunday, April 30, 2017

WEEK 1ST TO 5TH MAY

Markets broke the levels of 9300-9330 finally to hit a high of 9367 (NS) finally. Have been writing about this from a long time..Now markets have to sustain over 9340-50 zone for a few days to continue the journey ahead or will retrace to levels of 9180-9200 to make a upmove..we are in resistance zone so care should be taken for new investments ..Be a trader and buy dips for upmoves..enjoy the trades cheers

Monday, April 24, 2017

WEEK 24 TH TO 28 APRIL

Markets are still in a range and the weekly observation of the last week still stands .cheers

Saturday, April 15, 2017

WEEK 17 TO 21ST APRIL.

Markets again made a higher high and started correcting in a slow drift. Range 9000-9300 still there to be broken on either side by 150-200 points on a sudden move. watch the range for picking a trade on the long side otherwise wait for deeper corrections for investments..enjoy the trade cheers

Saturday, April 8, 2017

WEEK 10 TO 14 TH APRIL

Markets moved a bit up to make higher high higher low last week.9130-9150 (NS) is a small support zone for markets to retest tops again.9300-9350 still remains a target and 9000- 9050  a good support zone. trade the dips and wait for much deeper cuts to reenter investments..enjoy the trades cheers.

Sunday, April 2, 2017

WEEK 5TH TO 9 APRIL

Markets dipping a bit towards the 9000 zone thereby making a range of 9000-9200 last 2  week.Not many clues available for markets right now so either a rise towards 9300-9330 zone or dip below 9000 to retest 8800-8900 zone..keep trading the dips and wait for deeper plunge for getting into investment stocks..enjoy the trades cheers.

Saturday, March 25, 2017

WEEK 27 MAR TO 31 MAR.

Markets made a top at 9218 and started correcting from there till 9000 around(NS). The compression has stated of this long move from 7900..if markets fail to cross the top in the coming days towards 93-9350 zone a deeper correction  can set in targets of which mentioned in last week. .Keep trading but but long term only in good dips..cheers

Saturday, March 18, 2017

WEEK 20 TO 24 TH MAR

Markets gapped up post the election results to move towards the 9200 levels after consolidating for a few days around 9100.This is the 13 month from the lows of 6800 around ..9300-9350 could be a possible target of this up move beyond which will be a classic breakout towards 10 K and above.Caution should be the key and wait for good dips for getting back into the markets.8700-8800 is a tentetive buy zone in correction below which we have supports at 8450-8510 zone..do book profits and enjoy your trades cheers