Monday, June 29, 2015

WEEK 29TH JUNE TO 3RD JULY

The week ahead will have bearings of global factors specially Greece /Europe..The ride up  can have the correction as being shown in the sgx nifty this morning..8200-8156 seems to be a support for the time being and 8450-8500 again remains a resistance area..trade accordingly cheers

Sunday, June 21, 2015

WEEK 22 ND TO 26 TH JUNE

Markets did not breach 7900 support and after making a higher low moved towards 8150-8350-8500 targets..Will it make it there..been a laborious few days to reach 8250 once it crossed 8020..The supports lie at 8200-8150 zone and resistance at 8300-8350 zone for the coming few days.settlement week always is volatile and June end will be quarter closing for all funds..Trade accordingly..enjoy your trades and keep booking your profits..cheers

Sunday, June 14, 2015

WEEK 15 TH TO 19TH JUNE

Markets after retesting tops around 8500 zone twice corrected to break the Low of 8020 -8000 in the last week clearly indicating that this is the timewise/pricewise correction of the last rise til 9191 (NF)..7600 was the 16 May '14  top made and in case we break 7900 we may head there to breach this high..8500-8350-8150 now remaijn key resistance areas in the coming weeks above 8020 zone. Buy into your select stocksi n a SIP manner and keep booking profits near resistance zone..enjoy your trades cheers.