WEEK 28TH SEPT. TO 1ST OCT

Markets moved in a range of 7700-8000 (NF) there by halting the upwards move in the truncated settlement week.Next week too it looks the same range +/- 100-150 points on on some global cues ..area to watch will be 7850-70 zone for any direction of the move..do keep booking profits when you can and buy good dips in your selected stocks.cheers

WEEK 21 TO 26TH SEPTEMBER

Global cues propped the markets beyond the range to move towards the higher end of the range towards 8050-8100. Markets have moved 500 points from the bottom despite huge build up of PUTS when we were at bottoms. so what next..A retest of the bottom is due to establish the higher lows higher highs model.. its a truncated settlement week so volatality can return in the coming week.supports lie around 7800-7850-7900 and resistance around 8150-8200 trade accordingly.cheers

WEEK 14TH TO 18 SEPTEMBER

Markets almost touched the low-high of the band projected last week (7558-7878)..Hope visitors to the blog bought and booked their profits..so what next..weekly range is 320 points.  The range can narrow this week between 7600-7900 with a 100-150 point breakout/in zone.7740-50(NF) can the neutral zone to watch. Truncated week and FED meeting ahead may bring volatality so keep strict sls for coming week enjoy the trades cheers

WEEK 7 TH TO 11 TH SEPTEMBER

Markets halted to trip again in the last week due to volatile global cues to retested and break the lows made recently. 436 points was the range last week .Global cues are still weak so drift downwards may continue next week too.below last weeks low supports lie at 7550-7420 zone below 7590..resistance lies in 7875 zone for the time being above which is 8000 zone..7790 around is the weekly pivot. SIP buying in your favorite stocks can be done and on any good rise profits booked.Do keep in mind that we are still making LOWER HIGHS AND LOWER LOWS..  and till this trend  is not reversed  caution has to be done in your trading accounts..Markets can remain oversold or overbought for days / weeks ..enjoy your trades cheers