WEEK 30TH APL TO 4TH MAY

Markets remained sideways consolidating with sudden dips..5135 ns in close is still being maintained..Weakness below this level..5250 ns levels is emerging as a possible resistance zone with close above this helping the bulls..5275 nf seems to be the S/R of the coming truncated week with the range of 5150-5350..Global markets are showing strenght and may be heading up for the last hurrah before some correction sets in there..Trade the dips well to be on the right side of the trade ..cheers

PS :will try to post some charts during the week

WEEK 23RD TO 27TH APRIL

Markets are having a sell deluge every friday which causes sudden dip and panic...no reason so far assigned by anyone on the sudden intraday dips..5300 seems to be the S/R area for the coming week with a range of 5150-5450 ...Being the settlement week volatality will be there thus moves could be large and sudden..trying buying intraday dips and sell the intraday highs ..Markets have been in a range for a while and this has to break sometime..5230-40  on the lower side and 5380-5400 on the higher side will be the key towards breakdn/breakout for the coming week..enjoy your trades ..cheers

WEEK 16th APRIL TO 20th APRIL

Markets remained range bound last week to close at the lower end of this range of 5200-5400..5250 should be S/R of the coming week with a range of minimum 150 points either way..Buy the dips as per your risk appetite of your favorite stocks for medium term. Traders should watch 200 SMA closely for trades..RBI policy on tuesday could be decesive for the market moves..enjoy your trades cheers..

WEEK 9TH TO 13TH APRIL

Thw long weekend provided all traders a smart holiday much deserved..As last week was small trading range , the range of 77 points could easily be broken this week on either side..As the world is correcting so will we..5360 seems to be the S/R of the week with a range of minimum 100 points..5180-5200 should again give support in case corrections goes a bit deeper..Trade accordingly & buy some select stocks for medium term in this correction..cheers

WEEK 2ND APRIL TO 4TH APRIL

Week ahead is truncated as there are 3 days trading only..Markets reversed from the support zone of 5100 to close higher for the monthly/qutaerly closing...The next month range should be minimum 5700-4900 with weekly S/R at 5250. 5400 should be a resistance and 5200 a decent support ..Trade accordingly and enjoy the long weekend next week ..cheers