WEEK 31 ST AUGUST TO 4 SEPTEMBER

What a roller coaster ride last week..Started with a huge gap down and rushed towards the May 16 th 2014 high made..The fall had been lurking for long as we were not able to cross 8650 for a bit of time..The reversal from the lows of 7665( nf ) was fast furious.Now what next,..We had a 460 point range last week which  should reduce in case volatality settles down in the coming week.8200-8250 on the upper side and 7800-7850 on the lower side with 7900 set as middle point should be watched ..enjoy the trades and do keep booking your profits when they are there . ..cheers

WEEK 24TH TO 28TH AUGUST

Markets had resistance around 8500-50 zone and failed to capture the 8650 top of the range so fell and broke 8350 range to move  150-200 points lower as being projected in the last few updates in this blog. With US  sold out on yesterday we can expect a weak weekly opening ..8150-8200 should be a good support zone +/- 50 points in case the friday low is  broken for a small bounce back towards the settlement..Trade according and also look for your favorite  select stocksin sip manner  in case of panic bottom next week.enjoy your trades cheers

WEEK 17 TH TO 21 AUGUST

Market touched the lower range at 8350(NF) app. and turned to cross the 8500 mid range to close the week at a higher end..Seems we are still in the same 8350-8650 +/- 150-200 points range..Do book as we reach the top of the range and keep SL's if we drift down. enjoy your trades cheers

WEEK 10 TH TO 14 AUGUST

Markets are still range bound between 8350-8650 with 8500 being the neutral zone.Breakout/in will take the markets swiftly 150-200 points either way..Wait for good dips for investment entry and in mean while can buy small dips for trading..enjoy your trades..cheers

WEEK 3RD TO 7 TH AUGUST

Markets dipped from its consolidation zone to test the lower range at 8300-8350 to bounce back towards 8550-8600 zone..8650-8700 is a strong resistance zone and 8250-8300 a strong support zone with 8500 being a neutral zone..Trade accordingly cheers