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