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

Saturday, March 11, 2017

WEEK 13 MAR TO 17TH MAR

Markets did not dip deep last week for a correction before the election results on saturday. Today Victory for the BJP in crucial state of UP should give a fillip to the market on tuesday opening towards the targets of 9100-9200 which are resistance zones..Failure to cross highs or movements up shows fatigue which may correct markets in coming times to rage 8500-8700 zone before it restarts again..Trade accordingly and keep booking profits, cheers.

Saturday, March 4, 2017

WEEK 6TH MAR TO 10 MAR

Markets are reaching the final leg of this rally with the exit polls & results coming in this week. the resistance zone of 9000-9050 (NS) still stands..markets did the consolidation dip last week and in case the low of 8850 stays then markets will head towards 9000-9100 zone . in case there is a run for new highs do book your trading and investment profits once or in case of deeper corrections do get back into buying positions again..enjoy your trades and keep booking your profits in time..cheers

Saturday, February 25, 2017

WEEK 27TH FEB TO 3 RD MAR.

Markets slowly crept over the targets given of 8900-8950 since long. corrections have been shallow and upsurges strong. The move which started from 7900 (NS) has almost done 1100 points now at 9000.  markets have crossed the last high made at 8968 before its steep fall .This is a resistance zone in 9000-9050 for some corrections towards 8750-8850 zone, and deeper towards 8500-8600 zones. in case we still see shallow corrections till the results dates of the assembly elections a move towards a all time new high soon can be made..Trade accordingly but buy only in good dips for long term. enjoy the trades cheers.

Saturday, February 18, 2017

WEEK 20 TO 24TH FEB

Markets habe been in the range of 8700-8850 (NS) in last week of so.Either it is consolidating to make a move towards 8950-9000 zone or may stay here for some more time till the elections are over or the results come for the next move..below 8700 now the supports are in range 8510-8460 in case 8650 is breached..and resistance over 8950 may be the tops made before..Failure to cross tops may lead to a deeper correction in the coming weeks. wait for good dips to get into your favorite stocks and keep booking your trading profits at resistance zones..enjoy the trades cheers.

Saturday, February 4, 2017

WEEK 6TH TO 10TH FEB

Markets dipped to rise towards the target zone of 8800 on the budget day onwards. 8873 top made till now Cross and stay over 8800-8840 for a few days can propel markets towards the 9000-9200 zone, failure and take markets back to 8450-8500 zone for retest of lows.do book your trading profits here and stay with your long term investments..enjoy the trades cheers

Saturday, January 28, 2017

WEEK 30 JAN TO 3RD FEB

Markets tried to test the 8300 zone  and  reversed to cross the recent highs 8460(NS) to move quickly towards the 8600 zone. 8600-8800 was a projected target zone for any upmove, we may head towards the top  after some sideways correction to dip in the coming days.8460-8510 seems to be a support zone below which will be 8300-8330.Do book now the profits of your investments as we climb up and go sideways and again wait for good dips for inestments..Trading profits please keep booking..enjoy the trades cheers

Saturday, January 21, 2017

WEEK 23 RD TO 27TH JAN

Its a truncated settlement week ahead. Markets could not reach the targets of 8500-8550 (NS),stalled around 8460 zone and  did the sudden collapse after a few days of sideways trade...8300-8310 should provide some support and 8400-8420 zone give resistance. deeper down correction can take us towards 8200-8250 zone. Cross of recent highs may take us towards the 8550-8600 zones. Buy in good dips remains the trading policy  in case you keep booking your trading profits at stalling zones..enjoy the trades .cheers 

Sunday, January 15, 2017

WEEK 16 th TO 20 th JAN

Markets crossed the 8350 level to move towards the 8500-8550 zone . profits should be bookedas we climb up as the rise is with small corrections only and gap ups..a sudden reversal of 150-200 points cannot be ruled out in case we stall at the higher zones.8600-8800 could be a logical  target of this upmove,  . Budget at the month end could be the trigger for the next upmove after a  correction in this recent upmove. keep booking profits and enjoy the trades. cheers

Saturday, January 7, 2017

WEEK 9TH TO 13 JAN

Markets crossed 8200 to reach the target zone of 8300-8350 zone..next target of the markets is in the zone of 8500-8600 in case we cross and stay over 8350 zone for a few days. any corrections should take us back for testing zones of 8150-8200 or 8050-8100 below that.book profits on your trading positions and carry your long term buys done at the low made recently.enjoy your trades.cheers

Saturday, December 31, 2016

WEEK 2ND TO 6TH JAN. 2017

Wishing all visitors to the blog a very happy prosperous 2017. After a break of 4 weeks as i was travelling abroad a look ahead at our markets.
Markets dipped to break the low made at 7950 to bounce back again..A tentetive target of this rise will be around 8300-8350 above 8200. A retest of 8050-8100 is possible before more moves up.7950-8000 levels has to be held failure of which may lead the markets towards 7600 or below.cross of 8300 takes market to the levels of 8550-8600 zone.
quterly results may lead to volatality which should settle towards the month end for presentation of the budget. enjoy the trades and keep booking profits.cheers

Monday, November 28, 2016

WEEK 28 NOV TO 2 ND DEC.

Markets held its low 7916 ( NS) last week to move towards 8100 zone.resistence now is around 8150-8200 zone and supports at 8050 and 7950 below that.it will be a range bound market for some time so buy the dips and keep booking profits..long term buys should be done in your stocks in a SIP basisi..enjoy your trades..cheers

Sunday, November 20, 2016

WEEK 21 ST TO 25 NOV.

Markets slumped to retest the panic  bottom made before at 8002 levels..small short coverings is followed by new round of selling as we keep making lower lows..reversal can come if we start making higher highs...do keep nipping into your favorite stocks on a SIP basis as when the trend reverses ,the ride up could be rewarding..Breach of lows followed by 2-3 days of stay below it could take this market deeper down for a full correction of the ride..8200 on nthe upside and 7800 on lower side in case 8000 is broken is to be watched for your trading purposes..enjoy the trades cheers..

Monday, November 14, 2016

WEEK 15TH TO 18 TH NOV

Markets tried to complete the correction of the upside done from 6800-9000 zone app.44 days of correction done ..A retest of the bottoms made at 8000 is under way.. so 2 possibilities either it will make a lower low to continue the trend or maybe make a higher low in range 8100-8300 to try to cross 8600 top(NS). The consolidation /correction is on..which on that panic bottom day gave opportunity to dig in some good stocks for trading and mid/long term investment..Keep booking profits and hold some for bigger gains ..enjoy your trades cheers