WEEK 27 TH TO 30 APRIL

Markets showed their weakness by tripping right at the start to head towards the recent lows made and broke them twice last week. when large institutional buyers book profits there is no stopping the drift low.Had mentioned this a few weeks back that we are finishing 13 months of ride up and should brace for corrections in coming time..For this trend to reverse watch markets make a higher high and low in coming days weeks for some reversaL..8460-80 & 8220-8200  is the LEVEL to watch next week ..Below it the drift continues .Stil buy your select shares in a SIP manner so that profit can be booked on sharp reversals which markets always gives..enjoy the trades..cheers.

WEEK 20TH TO 24TH APRIL

Markets crossed the threshold of 8850 briefly to reverse voilently breaking the 8780( NF ) zone  to head down for retest of the lows..8550-8600  seems to be a support zone below the last weeks low where markets can halt, consolidate for a relook upwards , failing which possibilities of breach of recent lows emerges strongly..if this correction continues then 8000 or lower can be tested below the lows made recently.Stay above last weeks close for a few hours may give a fillip up to the market watch that zone and trade accordingly. cheers.

WEEK 13 TH TO 17 TH APRIL

Markets crossed the threshold of 8650 to move towards the target zone of 8800-8850 zone. 9050-9100 or maybe a new high soon now could be a target if we cross 8850(NF) and stay over it for a few days ..Breach of 8750-8720 zone will take us all the way to retest the recent bottoms made or lower still. RESULTS  start next week so keep booking and watch 8780 for any reversal signs.. enjoy your trades cheers

WEEK 6th to 10 APRIL

Markets held the bottom made recently and moved quickly to cross the resistance of 8550 towards 8650-8700 (NF) zone.Is it the end of the correction..Only the retest of lows and the coming result season will tell what the markets have in store for us..Below recent lows 8000-8100 zone offers strong support and above 8650, 8800-8850 is a strong resistance..Markets may remain range bound in 200-300 points till the results and then taking a cue from there start the new journey..Keep trading the buys of the good dips you get..enjoy the trades cheers