WEEK 1ST DEC TO 5TH DEC

Markets broke out on friday at open above the 8550 zone opening the gates for the 8900-9000 zone in weeks to come..corrections will come on the way but may be shallow as thats whats been happening in the past few weeks..so the range to watch in corrections is now 8500-8550 zone and below this is 8300-8350 zone (NF)..A few segments have not participated in this rally so they may propel markets upwards..Keep booking your profitable positions and be a trader for some time..enjoy the trades..cheers..

WEEK 24TH NOV TO 28TH NOV

This is the settlement week and markets after struggling the whole week made a break out on friday..Will it sustain???? lets see moving forward..watch in coming week or so  closely..8270-8300(NF) is the area to watch in case of any correction now..above 8550 .....8925 zone could be a possible target..The oscillators are all over bought and any corrections could be sudden and very sharp. due to profit taking ...keep your stop losses for longs in place  and also book your profitable positions..enjoy your trades..cheers

WEEK 17TH TO 21ST NOV

Markets have been in a range from the last more than a week of 120 points...As it is not moving up distribution could be taking here..a sudden dip towards 8200 can be expected in case we do not cross and stay over 8450(NF) in the coming days..buy the dip and book profits at the top of the range if not crossed ..cheers

WEEK 10 TH TO 14 TH NOV

Markets crept up towards the targets of 8450 -8550(NF) in the truncated week after staying over 8200 zone..Now this will be a support zone 8150-8200 in case profit taking sets in otherwise we drift up towards the given targets..wait /have patiance for good dips to get in ..till then keep booking profits in your delivery positions as we climb up..Markets are stretched but can keep moving up with the FII inflows which are quite good right now..enjoy the trades cheers

WEEK 3RD NOV TO 7TH NOV

Markets broke the 8100 zone and then crossed recent highs to move higher..This rise has to remain   for a couple of days to sustain..The rise was primarily due to global cues announced in last 2 days..Its a truncated week ahead so nothing much can be expected ..maybe a little profit taking as we go up..8200 will remain a support now till broken in close where buying can be initiated again for further rises..8450-8600 is a app.target of this rise..enjoy your trades..cheers..