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