WEEK 2ND JUNE TO 6TH JUNE

Markets moved in a app.300 points range in the last week closing at the lower part of the range..Selling seem to have started towards the 7100-7150  range..break of this level and close below this for a few days may take markets lower towards 6600-6650 range..moving up the markets may again attempt 7500 if it manages to cross 7350 zone ..hope profit was booked in your investment trading positions and wait for good dips to get in again..enjoy your trades..cheers

WEEK 26 MAY TO 30 MAY

Markets consolidated the whole week in the range set on result day of 7625-7160(NF)..to slowly climb up by close on friday..Swearing in on monday and settlement week  may propel markets towards 7520 zone if it stays over 7380 zone..7800 is also a pending target of this upmove above which we head  above towards 8200-8500 in coming weeks /months..strong supports now lie at 7160-7200 zone below which some serious correction can take place..Do trade and keep booking your profitable positions till the party lasts..enjoy the trades cheers..

WEEK 19TH TO 23RD MAY

Country celebrates a change of government welcoming Shri Modi as the new PM..Markets too celebrated a huge leg up in the morning followed by a decent correction..So what next ??? Euphoria being over markets will have to move back to fundamentals and technicals in the coming days weeks..So back to normal trading..Hope visitors to the blog did book their SIP investments of the last DIP we got..will trade in the coming days with strict sl's as markets may also look to global cues for moving forward..6650 remains a good support below 6900..and a few closes above 7650 only will propel markets towards 79-8200 zone..A correction is due so care at heights and become a trader till then..enjoy the trades ..cheers

WEEK 12 MAY TO 16TH MAY

A very important week ahead for all us participants of the stock markets..12th evening the exit polls start and 16th we start with the results..As mentioned last week the consolidation/break out/down 6650-6850 range worked well..SIP investment suggestion gave good returns yesterday with the index moving app.200 points of nifty benefiting participants both in index and stock investment..NS posted a higher high in the index...( the sudden move came) hope visitors to this blog are in good profits due to above ....so enjoy the ride & should book  what you have in case the markets give a exceptional  run up..keep your SL's strict.enjoy the ride cheers

WEEK 5TH MAY TO 9TH MAY

Markets still making higher high and low..Is it still consolidating.?????Option analysis is showing a build up    of 6700-7000 right now.. expansion can take it to 6500-7200..we have been in the range 6650-6850 for some time  & awaiting  the election results  by mid May..Hope you are accumulating in SIP method your select stocks etc in this correction /consolidation .. in case of markets running away the same can be cashed ..Weak hearts can wait/stay away till the event is over and normal trading starts again..Enjoy your trades cheers