WEEK 28TH DEC TO 1 ST JAN

Markets are moving in a narrow range as holiday season has ticked in and volumes have slowed down. next week is settlement week  so some volatile movement can be expected..7800 NF seems to a support below which a retest of 7700-7720 can be done. over 7900,  7950-7980 could be a target, though markets are struggling around 7850/60 zone. Buy the good dips and book your trading profits when it comes..cheers

WEEK 21ST DEC TO 24 DEC

Markets almost  moved in the range as projected last week. taking support at 7579 nf it moved towards the higher end 7864 nf. after crossing the PIVOT of 7690.hope profits was booked at the top last week. 7700-7680 again happens to be a decent support for the next leg up towards 8050-8100 , failing which a retest or break of lows can be seen in the coming weeks. buy the dips mantra should be working for traders and for long term SIP buying in their favorite stocks..enjoy the trades cheers.

WEEK 14 TO 18 DEC

Markets broke the RANGE last week to dip towards the old lows made in september.. global local cues not favoring may even lead to deeper corrections in the coming weeks. As the markets may become a bit oversold a few days sharp reversal is not ruled out . perfect time to dip into your favorite stocks for mid to long term in a SIP mode.Keep trading in the meanwhile as a reversal towards 7780-7820 is not ruled out in case 7500-7550 (nf) hold in the coming week with 7690 around being the weeks pivot point.enjoy your trades ..cheers

WEEK 7TH TO 11 DEC

Markets remained range bound again this week between 8000-7800. Next again it will be same range with a breakout of about 100-150 points if it takes place.Its becoming difficult for index traders to trade with the gap up/down , so do the intraday trades when breakout of ranges take place and buy good dips for profits at higher end of the range..enjoy the trades cheers