WEEK 28 TH APRIL TO 2ND MAY

The new series started with the correction on the first day of the series..What next???? below the levels of 6806 a sharp tight correction can set in for targets of 6750-6500 ( N F )in the coming weeks ...above the highs of 6860 the markets can attempt a move to 7050 or higher( which are  higher than these levels )...In case of sharp correction select stocks can be bought at support levels partially in a SIP manner..Trade will have to be taken on a daily/weekly basis till the event of 16th May is behind us starting from exit polls start..Trade accordingly..enjoy your trades cheers..

WEEK 21ST TO 25 TH APRIL

The coming week is the settlement for the month of April and also truncated due to holiday on 24th..The market reacted after 3 days correction and may retrace 60-80% of this down move..it was mentioned before also that 6850 is apossible target & cross may  take us to 7050 zone for this rally...In case we fail to cross the high and stay over it for a few days ,depending on global cues a short sharp correction of this whole up move may start..So be a trader for this week and be alert for a fast furious reversal in case when do not make and sustain new highs..Support below 6650 zone will go all the way to 6470-6500 zone ..enjoy your trades cheers..

TRUNCATED WEEK 15TH TO 17TH APL

Markets just about in a range last week making higher hi's again..The week ahead is truncated  so not much again can be expected..markets have reached a good resistance zone of 6850 above which is 7050  zone..below the current lows can test 6700 or 6650 zone..A good correction of this long move time wise also is due so care should be taken as global markets too correcting..the settlement also is early so do trade the trades carefully specially option traders..wait for deeper dips to get into your selected stocks..till then just trade,,,cheers..

WEEK 7TH TO 11 TH APRIL

Markets have been clearing highs almost every day of the last week to make a high of app. 6800 NF..Corrections of just 50-60 points and deeper of 140-150 points have been taking place in this rally of 2 months after which the highs were cleared always to make new highs..In the near future in case the markets decide to make a lower high and the corrections go deeper to start making lower lows..bear in mind that the correction of the whole up move from 5957 zone may have  started..Elections start next week and volatality will be supreme as we come closer to results mid may..so trade with caution to buy good dips and keep posting profits..Booking profits and carrying money home is always a good idea..Trade accordingly..cheers.