WEEK 26TH DEC TO 30 DEC

Markets gave us the move up from the oversold zone..toward the 4800-30 zone but failed to capitalise fully the golbal moves..India story looks weak right now and markets may remain range bound between 4650-4830 till a breakout/in does not take place for a 150-300 points either way..till then trade the range with strict sl. ...cheers and wishing all a very happy prosperous new year..

WEEK 19TH DEC TO 23RD DEC

Markets slipped suddenly after not receiving the boost from RBI ..This was the last event for this year in India so market will move in the next 2 weeks maybe on global cues and indian punters as Festive weeks come ahead till after New Years..Rely on Technicals ..4730 seems to be the S/R for the week ahead..Watch 4620 for any breakdown till 4500-50 levels ...4840-50 will be resistance for times to come ,only over which a rally can take place and give comfort to the bulls..enjoy your trades and the festive season..cheers

WEEK 12TH DEC TO 16TH DEC

Markets cooled off as expected and touched the bottom ie 4850 of the range which was suggested last week.Markets will consolidate in case it has to move ahead..Not clearing 5220 last week shows the inherrent weakness still in the market..Despite golbal markets quickly recovering their losses indian markets by and large always slip till we react to very oversold positions with quick reversal rallies..Do try to preserve your capital in this volatality by trading in small quantities if you are not a technical trader..otherwise buy in dips should be the key till the markets done turn bullish.4950 is the S/R of the coming week with a range of 4650-5250..enjoy your trades..cheers

WEEK 5TH TO 9TH DEC

Markets mostly moves on TECHNICALS , not on NOISE , got proved last week.. My call last week MONEY MAKING IS BECOMING TOO EASY in SELLING /BABY BEARS WILL BE TRAPPED SOON , does prove the point..we managed rich dividents by posting most of our profits on friday of the buy in panic bottoms done 1week back and carrying the rest with a strict SL for the coming week..4980 looks to be the S/R for the coming week with a range of 4850- 5250 ..Keep booking your profits as we go along & buy in dips when we get them..enjoy your trades ..cheers

MONTHLY CHART

CLICK ABOVE IMAGE TO ENLARGE
The above monthly charts shows the downward sloping channel and its support for the markets..The GANN FAN shows the the resisitance support when we took the complete ride from 2500 to 6300 and the market today..Check the range displayed 4300-5500 app..and trade accordingly..hope this helps in decision taking by ppl. visiting this blog..cheers

28th NOV to 2nd DEC

Markets slipped in the settlement week below the previous low after breaking 4770-4800 support zone. Global cues notwithstanding our own Indian cues are also not supportive right now..Deep despair is the time to selectively get in the markets for medium to longterm in SIP MANNER..Good quality index stocks are available at good discounts and should be invested in as per your risk appetite and holding capacity. SELLING & making money is becoming too easy for traders these days and this is telling us that a bottom may be near somewhere around or below these levels..and a sudden reversal to catch /trap the BABY BEARS could just be round the corner in the next few weeks..4750 looks to be the S/R for the coming week with a range of 4500 -5000 ..above below these levels will be the breakout/in in coming weeks..enjoy your trades..cheers..

WEEK 21ST NOV TO 25TH NOV

Markets after breaking the S/R of the month at 5158 trailed down towards the 78% correction of the recent wave up..4800-50 should provide the support, failing which it may dip down much more on break of the recent lows..5000 is the S/R for the coming week with a range of minimum 4750 to 5150. Being a settlement week the volitality can be high..Buy your select stocks which you wanted to buy in a SIP manner..enjoy your trades
cheers

WEEK 14TH TO 18TH NOV

Markets gave the classic jerk after hesitating to scale new highs..150 points app. was mentioned as the range and we got the same after break of 5300..Looking ahead 5250 seems the S/R for the coming week with a range of 150 points again..Markets are volatile so keep booking your profitable positions whenever you buy the dips..next few weeks till early january will be volatile and the markets can tilt either way..Key long term stocks can be accumulated when you find the right price and the will to invest. enjoy your trades
cheers.

WEEK 7TH TO 11TH NOV (TRUNCATED)

Markets showed the resiliance despite profit taking /bad european cues, closed above 5300 for the long weekend. The week ahead is truncated with 3 days trading so trade light and in the direction. 5300 is the S/R for the coming week with a range of 150 points minimum either way..Keep booking your profits as we head towards 5400 and wait for good dips to get in..enjoy the holidays
cheers..

31ST OCT TO 4TH NOV

Markets rejoiced the EU dececion by opening on a huge gap up..5200 zone got crossed and the gap of 5330-5220 got covered and a island reversal took place after many weeks of staying below 5180..The path ahead seems BUY ON DIPS...In case 5230 is held then we should surge ahead once we cross 5530 decesively in close..Below 5200 markets will tend to be weak..5290 is the S/R of the week with a range of 5200-5500..Do book profits in the stocks bought lower and wait for a good dip to get in..enjoy your trading..cheers

WEEK 24TH TO 28TH OCT.

Being a truncated & festive week the ppl. should be busy enjoying the festival of lights after settlement tomorrow..Europe will decide the future of the market trend this week when we are enjoying the festival so after mahurat trading the friday opening will tell us abt. the breakout/breakdown..5100 is the S/R of the coming week with a range 5230-4930 beyond lows/highs of last week..This is one opportunity for market to cross 5200 and breakout..cheers
HAPPY DIWALI

WEEK 17TH TO 21ST OCT

Markets expanded on global cues to surge ahead to retest recent highs made.Many missed the buy on dip..as conditions were not comforting..Well thats what stock markets are all about..sudden reversals catching masses on the wrong foot..We will head again to the resistance of 5180-5220 zone cross & close of which will signal bear covering..5060 is the S/R zone with a range of 4900-5200,+/-150 quick points ..Keep booking your profits for stocks bought at lows..The next 2-3 weeks are crucial for short term trends to unfold..enjoy your trades .
cheers

10th TO 14th OCT

Markets have been range bound for some time now with a downward bias..Global cues are still shaky & a classic capitulation has still not taken place world over..We have been correcting now for 11 months.. Breach of 4700 and close below it will be the first signal of the final plunge in the coming weeks/months..So trade with care.specially in FNO positions...4860 is the S/R for the coming week with a range of 4650-5050..Nip into stocks you like on dips..enjoy the trades..cheers

WEEK 3RD OCT TO 7TH OCT.

Markets last week were on a roller coaster ride with news flowing from all around..Good times for technical traders..We are still in the woods and the nervous energy keeps hitting us with the volatality..going forward the quaterly range should be about a 1000 points and the coming months range should be around 450-500 points..
Trade inthe coming week will be less due to the festive mood all around..Trade on dips maybe with smaller quantities and let the market move towards the results season..pick and buy your favorite stocks in dips..4900 is the S/R area for coming week with a range of 4800-5000 +/-100 points..Trade with care..cheers & happy navratras/dussehra.

WEEK 26TH TO 30TH SEPT

Markets sunk once again due to global cues..World is in a financial turmoil & indian leaders are also not able to do things right..Choas and Mayhem continues..Trading for coming time is for technical savvy and nimble traders till calmer times come..otherwise select stocks in down days can be picked as investment for future..4950 is S/R for the coming Week..with a range of 4700-5100, +/- 150 points in sudden moves..
for the coming time of volitality
Dont just sit like a diety in numbness if your trade has gone wrong ..GET OUT and cut ur loss quickly..
enjoy ur trades cheers

WEEK 19TH SEPT 23RD SEPT.

Global cues drove our markets last week along with RBI etc in India..the market is ranging btw 4900-5200 & a break either way will give a quick fire 150--250 points either way..5050 is the S/R for the coming week with a range of 4950-5230 ..There are still no great cues for markets to surge forward and next weeks US QE 3 decesion may be the last of the info for global markets , otherwise the range trading will persist till range breakout does not take place..Trade the range..
cheers

WEEK 12TH TO 16TH SEPT.

Markets moved well over the week and did its target of 5175-85 zone..it failed to cross the 5225 zone which was keenly watched and expected by many..The sudden jerk on the weekend was expected as profit taking is must in a upmove..4980-5000 zone should hold in the coming days failing which we may be heading to retest the lows or drift lower on global cues..4880-5220 could be the range in coming days..do keep strict SL's . for any longs initiated in the fall ahead..enjoy your trades ..
cheers

WEEK 5th SEPT TO 9TH SEPT.

Markets gave the smart recovery from the very oversold conditions moment it opened above 4820 mark of S/R of last week..Global cues are still not good and we almost touched our targets of 5100 around zone..4980 is the S/R of the coming week with a range of minimum 4870-5150..+/- 100 points..Breach of recent lows will lead to further damage of sentiments for a capitulation like situation..wait watch and keep booking your profits for the coming few weeks ..trade light..
cheers..

WEEK 29TH AUG TO 2ND SEPTEMBER

Markets finally showed their hand and capitulated towards 4700 the support zone for the time being..somewhere in the 100-200 points markets should make base, if its already not done so ,and then start the process of consolidation for a peroid of time..ie go sideways for sometime in a range to forge ahead sometime later in the year..4820 could be the S/R of the coming week with a range of 4650-4900 or 100 points over below that..Do some medium term buying in your favorite stocks and hold..traders be nimble and fast..enjoy the trades..
cheers..
No QE 3 for now and end of Anna jis fast could be positive for us..lets hope Govt. gets down to the serious business of governance which reposes faith in the FII's to come back and invest in INDIA..

WEEK 22ND AUG TO 26TH AUG

Markets moved towards the lower end of the band in this phase of correction..47-4800 is a base from where a short term bounce is expected to ease the oversold position..4930 is the S/R for the coming week with a range of 4650-5050 ..Do pick some of your select stocks for medium terms..Long term investers can keep picking in dips as the levels slowly are becoming attractive..Happy Janamashtmi & Trading
cheers

WEEK 16TH AUG TO 19TH AUG

Markets are completing their correction / consolidation ..US europe Asia has seen some bounce ..5100 seems to be the threshold level for us below which we may retest the bottom at 4950 or cross may take us to 5220 range..break either levels will give a quick move of 100-150 points..Some adding in portfolio for medium term is desired here ..more added on dips..rest to be traded..lets see where the range settles..enjoy your trades..
cheers.

WEEK 8TH AUGUST TO 12 AUGUST

Hope my views last week would have helped all who are visiting the blog...Had suggested being very light and play the direction as technical indicators were giving contra moves ..Well markets shrugged off all the gains and now is moving towards the serious business of evaluation and business ahead..Things still are not looking good due to US downgrade.. 4700-4800 zone which has not been tested for sometime , is still waiting..Break of that zone will mean LONG TERM bulls will liquidate.....Watch the events unfold next week closely..Falling and Rising markets have no levels..5000-5050 and 5330-50 is a watch zone in coming times..Easy money will fly the nest as it is scared..Trade light or stay away if you are weak heart or nibble lightly in your favorite stocks if we tumble down..enjoy your trades..
cheers.

WEEKLY 1ST AUGUST TO 5TH AUGUST

Markets are awaiting the news from US to make the next move..The indian & european news are already taken care off..there is nothing much to cheer the markets otherwise what with higher interest rates and bad governance & political problems here..Monthly S/R stands at 5570 with a range of 250-300 points.. The coming week too seems to have a S/R of 5550 with a 200 point range either way..Markets are doing their time corrections in a sidways range bound way and maybe the next move will be decesive for coming time..Be very light in the coming week/weeks and play the direction..enjoy the trades..
cheers

WEEK 25THJULY TO 29TH JULY

Markets gave a breakout again last week over 5600. 5600-5610 is the S/R for the coming week with a range of 5550-5750..Breakout/in can give a quick 100-150 points..This week is laden with news and heavy weight results so trade light ,in direction carefully..World cues could guide our markets too so keep an eye there..enjoy your trades..
cheers

WEEK18TH JULY TO 22ND JULY

Markets dipped to around 5500 as mentioned last week here by me to take support and start consolidation again..Breach of 5500 in close will dip markets by 150-200 points quickly..5590 seems to be the S/R for the coming week .Buy in dips should be remembered and action taken accordingly..Global situation is not good & indian fundamentals too are taking a beating..Keep your eyes open while trading so as not to be caught sleeping..5350-5850 is the range for the coming weeks..trade accordingly..cheers

WEEK 11TH TO 15TH JULY

Great move market made from the lows with help from FII flows & world indexes and then at the crucial junture of 200 SMA gave the classic jerk before the results .. its always healthy for the markets to do profit taking ..5680 is the S/R for the next week...with a range of 5550-5750..Consolidation and holding 5500-5480 will be the key for any move to take out the 200 sma in the coming time..Only cross and close above that zone for a few days will augur well for the indian markets failing which we may retest the lows again sometime in the coming weeks..enjoy the ride and keep booking your profits..
cheers & happy trading.

WEEK4TH JULY TO 8TH JULY

Markets rallied from the low of 5200 to 5700 in quick time..Hope ppl. booked the buy the dip stocks..Markets normally give the classic jerk at the peak of bloom & doom..Coming to the next week markets need to cool a bit ..5500 emerges as S/R for the july month and 5600 as S/R for the coming week.The range could be 5500-5800 in the coming week.. keep the buy in dip policy to protect your capital....The weekly charts look up now and 5750 is a crucial resistance and 5480 a crucial support for coming time.. trade accordingly..cheers

WEEK 27TH TO 1ST JULY

Markets gave JERK when we were weak & then reversed all losses on last trading day of the week..5400 could be the S/R of the coming week ,with a range 5300-5600..Global cues will define the trend in the coming days , Greece/Europe/crude etc etc and then maybe we take cues from our results in the coming weeks..stocks bought in dips should be booked on sudden rises would have payed again to the traders..medium term investors and hold on to their investments and KEEP FUNDS ready for very sudden dips..enjoy your trades ..cheers

WEEK 20TH TO 24TH JUNE

Markets have drifted down in the last week mainly due to global cues and no good news..Its been a very sideways kind of market this month & frustrating for investors traders alike with sudden drop/rise..( a small break /vacation can be a good thing for some weeks till results come in)..Markets may still drift lower to retest the recent lows or more lower, in case we do not sustain above 5300 levels..5420 seems to be the S/R for the coming week with a trading range of 5250-5450 ..Some select stocks which have corrected well can be taken for medium term in small qty..Spread your buying over next 2-3 months and then sit tight for while for some decent returns in coming years..cheers..

WEEK 13TH JUNE TO 17TH JUNE

Markets were range bound last week and tested the traders patiance.The lows have to retested again for any move up ,so lets see how things pan out this week. The S/R for this week is 5505 and the range could be 5400-5600..There are no cues right now for markets to move up and break of 5400 could cause deeper corrections..only above 5580 can some strength be seen in the markets so trade accordingly in the coming weeks..enjoy your trades
cheers.

WEEK 6TH JUNE TO 10TH JUNE

Markets having reached the top of the range need to consolidate for a while for any further direction call..5500-5600 should be the consolidation mode with a +/-50 point rider. Markets will have to find new leaders in the coming weeks/months for next wave up..5530 is the S/R of this week. Banking / IT stocks can be looked at this week on dips..enjoy your trading
cheers

WEEK 3TH MAY TO 3 RD JUNE

Markets dipped below the S/R of last week and stopped almost near the support zone as mentioned to make a late week comeback..Markets move shows a move away from the oversold zone despite of huge calls of further slide towards the last lows....Markets surprises the brazen and obvious ..So better see the trend rather than the huge chorus of noise which will never make you buy the dips..Now Coming to next week..some consolidation in the coming week is required for markets to show its hand..do book profits on the stocks bought in the last dip and wait for it to test its base again and any move ahead..If the low of last week is held then it signifies a higher low & in coming months we should surge ahead..many many index stocks are at very good levels ..keep dipping in slowly for medium term into them.. The world and our own financials are still shaky so be cautious to buy dips only rather than chase mirages..The S/R next week is 5425 with a range of 5300-5600..enjoy your trading...
cheers.

WEEK 23RD MAY TO 27TH MAY

Markets sold off in europe/US last week and have opened weak in Asia today..Brace for volatality again ( not due to us) ..Being a settlement week the swings could be wild..5470 is the S/R for this week with a range 5400 t0 5560..Break of 5400 in close could drift the market to lower support zones of 5300-5330 and cross of 5560 could take it all the way over 5650..Buy in good dip in select stocks can still pay dividents..enjoy the week..
cheers

WEEK 16TH TO 2OTH MAY

The week gone by remained range bound again giving both the bears and bulls opportunity to make money..5450-5650 has been a range now , anybreak should take the markets 150-200 points either way ..till then Trade the range for the time being..as there is not much support from the FII and this could be a consolidation phase before a big move either wayThe S/R of the week is 5556..in mean while small qty. select stocks can be picked up specially in banks ,CGs, reality..

enjoy your trades..
cheers

WEEK 9TH TO 13TH MAY

Markets gave the classic jerk on break of 5700 and quickly dipped to the lower end of the range.The unwinding was fast and furious.The Moving Averages have been damaged and some time of consolidation is required to see the next move..Markets may bounce further due to highly oversold positions.Many will use the opportunity to unwind the longs stuck at higher levels..The S/R of the week is 5600 with a range of 5450 to 5750..Stocks bought at bottoms can be booked on rise towards the upper range..
Happy Trading..

WEEK 2ND MAY TO 6TH MAY

Markets are range bound between around 5700-5900 for sometime now...Once again it moved southwards to test the base..Any break of 5700 zone could give a quick DIP....Hoding this zone would take us back to 5900 or above zone..break above this zone will give a sharp RISE ..FII funds are lacking this last month and generally they have been selling on every rise..The S/R of this week is 5800 zone..Capital goods/IT stocks have corrected well also the Banking on further dip look good for mid term buy.Bias should be up on further dips if any..Trade accordingly. cheers.

WEEK 25TH TO 29TH APRIL

Markets gave the pop up from support zone of 5700 once again to the resistance zone of 5950.Cross of this zone propels us to 6000 and beyond..5850 is the S/R of next week with a range of 5750-6000..A small dip can be expected early in the week with the ususal settlement week volatality.Trade accordingly..Index stocks have moved well and need some profit booking on rise if not booked till now..
enjoy the week
cheers.

WEEK 18TH APRIL TO 22ND APRIL

Markets gave a good BOTH WAYs movement last week. The sudden moves up show the short covering from the markets.. Markets have to consolidate the 2 weeks move up for any further upmove ..5850 will be a key zone S / R to watch in the coming week with the range almost being 5730-5950..Buy the dips for a move up in the coming weeks..Index stocks will be attractive on corrections..enjoy the trade cheers

TRUCATED WEEK 11TH TO 15TH APRIL

Markets eased off by the week end...to consolidate the gains of the last few weeks..Being a truncated week ahead trading could be difficult, but my advise will be to utilise good dips to take entry into youe select Stocks.... 5900 should be the S/R of the coming week with a range of 5700-6000. enjoy the coming week for its holidays . Please dont forget to SUPPORT & SALUTE , OUR ANNA JI, for all that hes doing for our FUTURE GENERATIONS.. PS: I was thereat Jantar Mantar from yesterday early morning with my wife and was amazed at the deluge of humanity and love support for him for all starta of society, caste & creed....JAI HIND.

WEEK 4TH TO 8TH

The new series have started on a positive note.Markets have shown a lot of resiliance based on FII flows..The trend is up so wait for good dips to get in or wait for the markets to make lower highs to get into shorts..5800 around is the S/R of this week with the range being 5650-5950 with 50 points grace here & there.. STOCKS : ONLY IN DIPS. cheers..

WEEK 28TH TO 1ST APRIL

Markets have a funny way of catching many on the wrong foot specially the experts..I had mentioned last week that markets will break out from the range soon and make a move...Hope ppl. visiting the blog would have benefitted from the move up from the S/R level and the break out..What next?????The ride is up now for some time so do book profits if you still have not & wait for a dip to get in ..Never chase a run away market..The S/R next week 5580 zone and range could be 5500-5800..

\STOCKS: Banking stocks gave decent returns , one can get into IT/CG stocks on dips..
enjoy the ride
cheers.

HAPPY HOLI..WEEK 21ST TO 25TH

Markets traded around the S/R zone of 5480 in a tight range before breaking it to dip towards the low of the range..Indian markets are not in sync with World markets from january this year as we had moved much ahead of them in the September rally. The coming week again could be a range trading with 5350-5550 as a range..This range should be breaking soon either way for markets to show their hands..This week 5425 is the S/R or watch zone . Supports & Resistances are much lower and higher than the range..Trade accordingly.
STOCKS: Banking stocks are again a buy in dips or around here.
cheers

WEEK MARCH 14-18TH

Markets consolidated in the range of 5400-5600 as given in last weeks update. 5400 seems to be holding and if Japans problem is also absorbed by the golbal markets a attempt towards 5600 could be made again. Break of 5400 in close could start the deeper cut for retesting the lows..5480 seems to be the S/R for the week with a range of 5300-5650.
Trade accordingly.
STOCKS: Wait for good dips to get in or stay with Index stocks with very strict SL.for this week.
cheers

WEEK 7TH TO 11TH MARCH

Markets after initial hesitation broke the 5400 band to progress towards the 1st resistance zone of 5600.This zone of 5590-5630 has many resistances of the past , cross of which can give a fillup towards quick 100-150 points..This week S/R is 5490 with a range of 5370-5670 minimum..Markets will consolidate in a 5400-5600 zone before they give a breakout/break down..watch 5440 for break down or 5630 for break out, both in close..
STOCKS.:Buy in good dips should still be the policy to protect your capital.
happy trading

WEEK 28TH FEB TO 4TH MARCH

Markets dipped hard and became volatile after breaking the S/R and the range..This is the BUDGET DAY TODAY..wait for it to be over..CRUDE is the bottleneck for our markets ..Volatality has to come down for the markets to show some semblence of upmove..S/R for this week is 5350 with a range of 5200 to 5400..Let the day go by and allow the markets to react to the budget before taking a move..Buy in good sudden dips seems to be working out now for sometime..trade accordingly.
happy trading.,

WEEK 21 ST TO 25 TH

Markets moved over the S/R then crossing 5440 did the quick 150 points to do 5589 before scumbing to profit taking again..by this quick 400 points move from bottom..Sharp correction on friday got the bears charged again..Index Stocks gave very good returns quickly..This is a event filled week..with parliament starting with JPC hanging overhead ...Settlement week etc..5460 is the S/R zone with a range of 5340-5600..Markets could be volatile so trade light and in the direction..
STOCKS: Wait for dips for getting in again.
HAPPY TRADING.

WEEK 14TH TO 18TH FEB

Markets continued to show weakness and made lower lows last week due to lack of buying support.Markets seem to have made a low and was ready for a V shaped bounce back led by the index stocks , so it gave the classic dip to break of highs move..The next dip or retest of lows will tell us about the coming weeks ahead..5310-20 is the S/R for this week with a range of 5230-5440 as a possible range.. break above or below this can give a quick 100-150 points either way..Trade accordingly..
happy trading..
STOCKS..Watch the butchered stocks for a bounce back andthen a retest of lows for entry in them for medium term..

WEEK 7th TO 11th FEB

Another hard week gone by..Markets took support at 5400 zone and turned to just about touch the S/R zone and reverse back to break the 5400 support zone..Rumors /News every thing is breaking the camels back.. 5430 should be the S/R of next week with range being 5250-5550..Though its looking very tough for the Bulls ..small dips can be done in index / butchered shares for a bounce back trade..markets are oversold but can keep slipping to any levels due to no buying support..so take your trades with a pinch of salt..
happy Trading..

WEEK 31ST TO 4TH FEB

Markets have showed huge weakness from the settlement week after hitting the 5800 mark..Markets after closing below the 200 DMA will have to find its supports somewhere as we drift slowly into oversold zone again in daily weekly..5550 is the S/R for this week with a wide wildish range of 5400 to 5700..World events etc too are driving this down trend ..A technical bounce back will be due this week.. FNO traders should wait for a positive day before dipping in..you can pick choose small qty. your select stocks in this carnage and see from there..
STOCKS : Anything of index will be a good buy.
Happy Trading

WEEK 24TH TO 28TH JAN

Markets moved in a tight band bothways last week with voilent thrusts..Technical traders would have captured these intraday moves and made good profits.
This week too the techs seems to suggest the same band..5550-5850 , 5700 is the WATCH ZONE a range of 150 points either way..Being a truncated settlement week be a bit careful in OPTION trading..The bias could be on the long side only if we trade over 5700..as low was protected last week..Trade accordingly..

STOCKS: Reality/Capital goods seems a tad oversold ..Watch them in this week.(PSU BANKS moved well last week)

WEEK AHEAD 17 TO 21ST

Markets have been quite shaky from the start of this year. The run up from March '09 has been quite spectacular and many participants just could not praticipate due to fear etc..Markets are doing their regular correction and will have to find a base in coming days weeks..For this year 5200 will be a area to watch, below which the markets could give a slide down..Cross of 6350 could take the markets to 6700 plus zone.I will not be commenting here on any news or noise about the markets but write about pure technicals of the markets..
Coming to next weeks technicals..any semblence of a upmove markets have to sustain over 5700 and it will face resistance in 5850 zone..slide below 5600 could take it to 5500-5530 zone..TRADE ACCORDING
STOCK : Look at some PSU BANKS for investment week.
happy trading

WEEKLY TECHNICALS

This is to inform all friends visiting the blog that starting this weekend will be posting weekly technicals ..Will try to give a commentary on the week gone by and whats in store ahead in the coming week..Do check from this weekend..cheers