WEEK 29TH JULY TO 2 ND AUG

The markets stalled at 6100 as was advised  on last  weeks technicals...slipped to 5990 from 6090( the range )and gave the quick fire 100-150 points on the last 2 days in settlement...Hope visitors to the blog are  benefiting from this blog on the investment trading & exit   timings ..I had started writing this blog from somewhere in DECEMBER  2008 and with a small breaksometime back, I  think have been writing consistantly , initially DAILY THEN ONLY WEEKLY..I dont know how many people are benefitting from this or not..
I would like all the visitors to this blog to drop me a mail  on what they like or not or  may want on this weekly techs..or is it just a waste of effort /time for me.As such i am busy in my trading and advisory..and may decide to shut this blog soon..

With Warm Wishes to All

cheers

Rajan Bhatia

PS: 5850 zone is a strong support in the coming week below 5890  and beyond 5975 we may test 6030-50 zone

Week 22nd july to 26th july

Markets have moved with volitality this month upwards to after completion of its correction from the recent tops..We may have reached a important retracement levels in case 6100 is not breached and closed above for more than 3 days..Will have to wait and watch this levels before the next move unfolds..as WEEKLY correction may set in (deeper one) below these levels..5850 will be important level to watch below 5990/5930 and beyond the high of 6239 we can head towards 6400 and above in the coming weeks months..Coming week is settlement week so trade with caution and strict Sls..6090-5990 should be traded watched beyond which is quickfire 100-150 points..enjoy your trades cheers..

Week 15th july to 19th july

Markets just moving on the cues of news jerking within the range ....holding 5800( remember above it bullish) to finally try to do the top of the range which over 6020 could be at least 6080-6100 zone..supports lie at 5890-5910 zone below which again all the way to 5800-5820 zone..Do keep booking profits too or strict sls in the coming week if not booked already as markets tend to  reverse also the sharp rises suddenly....cheers

WEEK 8TH JULY TO 12 TH JULY

So where are we now ???..app 5700-5900 range last week as written ..Still above 5800 bullish below bearish..Markets will be expanding the range soon so watch 5850 on the lower side and 5950 on the higher side +/- 100-150 points on either side..Global cues and Rupee  will be the two  key components of the direction of the trade..Gap ups/Gap downs are not helping day traders much though technical traders should be deriving  some milage out of this sudden volatality..How many ?????? each knows best as world is full of technical experts.. enjoy your trades cheers