WEEK 27 TH TO 31 JULY

Markets in the last week have been moving in a range 8500-8700 app.Break of this range can give a 150--250 points move quickly..Its been 5 weeks since this last up move started and its been making higher high/lows so far..we have to keep making higher highs to sustain this up move failing which the markets will dip to test lower levels..watch 8470-90 (NF) zone carefully for this dip.Trade accordingly..cheers

WEEK 20 TO 24 TH JULY

Markets almost touched the lower part of the range at 8326  (NF) to move up for a break out over 8561...beyond 8650 zone 8800-around could be a target in case markets hold 8530- 8560 zone in the the dips in the coming week...Trade accordingly..cheers

WEEK 13 T0O 17 TH JULY

Markets are range bound now between 8000-8500 in the near term and narrowing of this range will be between 200-250 points..This range bound has to break in the the coming weeks  and can lead to a 200-300 point break out move either way..8250-8300 holds the key for either side range bound or break out trade trade accordingly..cheers