WEEK 1ST TO 5TH SEPT

Markets settled at the top in the truncated week ..The targets of 8050-8250 zone still remain pending and supports have now moved upto 7840-60 zones ..Markets are moving slowly now with some good news pouring and may creep up towards the targets given above..The churning in portfolios is keeping the index from falling suddenly as one or the other index comes to the rescue when selling starts. DEEPER SUPPORTS are now in range 7200-7500 which markets may  touch once correction starts and we stay below 7840 zone for a few days..Till then enjoy the ride till targets achieved with strict stop losses on your favorite stocks or index..enjoy the trades ..cheers..

WEEK 25TH TO 28TH AUG.

Markets consolidated in a small range last week to break out on the upside over 7900..Non relenting stocks do keep moving higher but only select making new highs and rest not even able to touch recent highs..Index traders are getting opportunities to enter on dips for trading..Targets of this current trend are towards 8050-8250 while good support now lies at 7800 zone..Watch and trade that in this settlement week ..enjoy your trades cheers

WEEK 18TH TO 22ND AUGUST

Markets still in range of 7500-7800 without breaking IN/OUT from last few weeks..It shows  thats it is still consolidating and not finding any reasons for and big move..The same can change suddenly w/o assigning any reason due to domestic/global cues..Traders have been rewarded so far but one of these days we may not rise again so BUYS should have strict SL in coming days..Be in your favorite stocks in  SIP manner in case you want to carry your trades and book profits when it is  are there ..enjoy your trades cheers.

WEEK 11TH TO 14 AUG

Truncated week ahead with a dip last week which shook the bulls a bit.....Makes a good potent trading week ahead..7550 was a support zone below and 7700-20 will now be a resistance for this market..Breakdown or out will be about 150 points ..Deeper corrections are the need for the markets and will depend on liquidity and global situations..Invest in SIP manner or be a plain trader in the coming weeks ..enjoy the trades cheers

WEEK 4TH TO 8TH AUGUST

Markets again moved in the narrow range of 7600-7800 w/o breaking in/out of this range..Range break now seems over due and has to be over 200-250 points..Churning in stocks is being seeing with severe cuts in stocks not showing  good results..for the coming weeks wait for good dips to get in or just keep trading your favorite stocks or index in the range given above with strict sls..enjoy your trades cheers..