WEEK 29 FEB TO 4 TH MAR

Markets could not stay above 7250 and dipped to test the lows once again.We have the budget next week and depending on the news there a test of 7350 in case we cross 7200 and stay over that or break of 6850 ( NF ) in case if disappointments..wait and hold for a day to know the direction of the markets before taking your investments or trading bets ..enjoy the trades cheers.

WEEK 22 ND TO 26 FEB

Markets enter the settlement week now with 7200-7230(NF) offering resistance..cross will take it towards 7330-7350 zone , break of 7100 takes it to 7000 zone or below.Markets are not getting much clues and may be range bound till the budget this month end for any defenite move in march. technical traders should utilise this opportunity to trade the overbought /oversold trading zones in the range bound markets..enjoy the trades cheers

WEEK 15TH TO 19TH FEB

Markets broke all supports last week to plunge down to pre 16th may levels.Global and local cues triggered the move.Its said the bull markets have no resistance and bear markets no supports. 6869.75  level  was a top from where  we dipped in may '14 to start the rally towards 16th may top of 7563.. as markets are over sold a rise towards 7550 levels in the next few weeks is possible and then a retest of bottom or below..short term 7150 -7200 will be resistance to cross. your select stock buying should have begun with the panic of the last week to be held for a year or two for long term gains. be nimble in your trading and do start your stock selections in SIP manner over the next few weeks etc..enjoy the trades cheers

WEEK 8TH TO 12 FEB

Markets broke the 7450 support to retest the bottoms @ 7233..Halted at 7377 (NF) to turn around towards the tops made recently at 7607.Asian markets closed next week few days for CHINESE NEW YEAR  , thus not giving much clues.cross of recent highs takes us all the way to 7750-7800 and break of 7400-7380 to a new low..trade accordingly cheers