Saturday, April 30, 2011

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.

Sunday, April 24, 2011

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.

Sunday, April 17, 2011

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

Sunday, April 10, 2011

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.

Sunday, April 3, 2011

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..