WEEK 1ST FEB TO 5 TH FEB

Markets slowly crept up from the lows it made at 7233 to move towards the  1st target of 7580-7600 after which the in case it stays over this zone for a few days the target is in zone 7700-30(NF).7800 zone will offer stiff resistance and 7480-7500 zone some good support. profits should be taken of your SIP investments trading stocks and trading positions should carry strict stop losses. enjoy the trades cheers.

WEEK 25 JAN TO 29 TH JAN

Markets did halt this week to bounce  up a bit from their oversold positions..Time will tell if over the next week or two we do not break the Low made at 7241(NS). Below 7350 , 7000-7150 now offers a good support and 7500-7550 will offer some resistance.cross of this level can propel us towards and  7650 levels and above  . Trade accordingly and keep booking your trading positions..cheers

WEEK 18TH TO 22TH JAN

Markets still running in the downward slide with every rise being sold in with a volatile markets here and globally.It did attempt a higher high/low in the intraday charts but that failed on the last trading day again.Markets are giving good opportunity to buy your select index stocks at great buy levels. Levels to watch below are 7350-80 below which 7150 may be a good support..any run up now has to cross sustain over 7650 for a few days for markets to move towards 7850 around. Trade this zone till a semblence comes to the markets..cheers

WEEK 11 TH TO 15 JAN

Markets broke the low of 7700-7750 to head lower towards the recent lows made.It just managed to stay over the low by a whisker this week. SGX nifty in morning is showing a breakdown till 7500 or below for start of this week. we are oversold , dip into your favorite stocks in these dips for a bounce back towards 7800-7850 range..7450-80 should be a good support zone below which we head towards 7250 zone..cheers

WEEK 4TH TO 8TH JAN

Markets have moved up slowly towards the last high 8005(NF) , making a high of 7994 yesterday.a close above 8020  for a few days can easily propel markets towards the 8120-8260 zone in steps. a drop below 7950 zone can take us to 7850 and 7760 zones app. negative divergences have appeared in some indicators warning us to keep strict stop losses. do book your profitable positions as we go up and wait for good dips to get back in.cheers