Saturday, July 26, 2014

28th JULY TO 1ST AUGUST

Settlement week is on us..The markets are still range bound ..now BTW 7600-7800...beyond 7850 a target of 8050-8200 is pending and a retest maybe of 7500-7550 maybe there...in case of break of  the above mentioned range..do wait for some deeper dips to get into your favorite stocks..Till then trading is the best way..cheers

Sunday, July 20, 2014

WEEK 21ST TO 25TH JULY

Week before the settlement of this long month of futures trading Markets have been in range of  still  7500-7700 ..seems either side there is no cue available for breakdown or breakout as results season is on..The trading range is same 7500-7700 +/- 150-200 points either side..Trade accordingly and wait for deeper dips to get in once again in your favorite stocks ..till then be a trader..cheers

Sunday, July 6, 2014

WEEK 7TH TO 11 JULY

Markets are moving into the BUDGET WEEK...as written last week we moved into the higher side of the 7500-7700 range..in case markets  stay over 7750 for a couple of days the Breakout expected over the the last leg of this up move will be in progress..towards 8200-8500 zone..Caution though is advised with strict stop losses for your profitable positions in case we run/gallop up again..Break downs may lead us all the way back to test 7200-7250 zone in case 7480-7500 zone is breached..enjoy your trades cheers..