WEEK 1ST TO 5TH JAN 2018

Markets have been hittin new highs in the last trading wee of 2017. the targets OF 10,650 around  remains to be achieved..markets have support in zone of 10,400-10,450 below which a fast drop of 150-200 points can be expected.do keep booking your profits ..and wishing all
A HAPPY PROSPEROUS 2018

CHEERS.

WEEK 18 TH TO 22 DEC

Markets are awaiting the final results today of the elections..10,350 is where it settled post exit polls after the gap up..cross over this high of friday will propel markets towards the highs and any small correction may find supports at 10,250 around..below this we take a trip down towards the recent multiplr lows made n recent past..book your profits and trade wisely..cheers

WEEK 11TH TO 15 DEC

Markets held a low of 10000-10050 to turn  back to retest the tops made recently in the exit poll week ..gujrat results come next week after very hectic campaining so EVENT is round the corner..10,300-10350 zone could be a resistance zone..do book your profitable trading positions in coming days ,then maybe await for a clear direction post results to take positions on the market..enjoy the trades..cheers..

WEEK 27TH NOV TO 1 ST DEC

Markets consolidated the whole week hovering around the 10,300-10,350 zones for support..Its important to cross and remain over  10,500 zone with force  next week failing which below 10,350 we will head to 10,050-10,100 zone..the targets still remain 10,650 or above in the coming weeks with S/R remaining around 10,350. enjoy the trades cheers.

WEEK 20 TO 24 NOV

Markets broke the 10,350 levels to head towards the 10,100 support zone to bounce back towards the 10,350 zone..this levels remains the S/R zone for longs or shorts with small SL..break below 10,100 will take us in range 9950-10,000 and cross of 10,500 will propel us to 10,650..keep trading booking your trading profits..cheers

WEEK 13TH TO 17 NOV

Markets reacted at the top around 10,450 zone to correct towards the 10,250 zone below 10,350 the S/R given last week. The Market has started a downward trend now till it does not close above the recent highs for a few days..10,350-400 may be a resistance zone in a upmove and below 10,250 10,100 should provide some support..break below these lower levels may be the begening of the much awaited correction ..and above 10,500 we head towards 10,650 and higher levels..enjoy the trades cheers

WEEK 6TH TO 10TH NOV

Markets drifted up and moved towards the range 10.450-10,650...same will remain for the coming week with supports between 10,250-10,100 with 10,350 as S/R zone..keep booking profits in your trading positions and wait for good dips to get in..cheers.

WEEK 30 TH OCT TO 3 RD NOV

Markets still have been moving up on cues and news.its now crossed the 10,300 levels and can head to 10,450-10,650 targets..supports below will be at 10,250 to 10,100 levels below which only now a break down expected..Bank nifty made a surge with PSU banks which again got into profit taking..Keep booking your profits and remain with good stocks in trading positions as any deep fall or breakdown can bring weak stocks crashing down. cheers

WEEK 23RD TO 27TH OCT

Markets moved up to the target zones to suddenly drop towards the 10,100 zone on the samwat day. A correction is due of this upmove and below 10100 supports lie at 9700-9900 zone.buy the deeper dips for mid/long term and keep booking profits when we rise. cheers

WEEK 16TH TO 20TH OCT

Markets moved up to cross the recent highs made propelling itself to newer heights.  index stocks along with bank nifty propelled the rally.10,000 now becomes a good support below 10,100 and 10,250-10,450 remains a target above..keep trading and go with the trend.enjoy the trades ,HAPPY DIWALI ..cheers

WEEK 9TH TO 13 OCT.

Markets moved up last  to close at the weekly high around 9980. this move again lifts the markets to move towards the recent  high with a support at 9880-9900 zone. do keep booking the trading profits as and when you get them.still wait for deeper dips to get into mid/long term investments..enjoy the trades cheers 

WEEK 3RD TO 6TH OCT

Markets dipped below 9900 in a jerk fashion to lead quickly towards the 9700 zone and then recovered from there and almost touching 9900 today morning..THE RANGE COULD BE 9700-9900..with a move of 100-150 points above and below this range till diwali..enjoy your trades cheers

WEEK 25TH TO 29 TH SEPT.

Markets still in range 9900-10150 through out last week with a sudden dip towards the lower end..below 9900 supports at 9700 zone ..10070 around can provide resistance again on a up move..wait for a good dip to get in till then keep trading small positions with strict stop losses as per your trading systems..enjoy the trades and the festive season..cheers.

WEEK 18TH TO 22 SEPT

Markets have been shuttling between 9900-10150 zone in the past few weeks without breaking down/out in a substantial way. this looks like the range for the time being with a slight bias towards the upper side.there is nothing much to write about the stocks except a few select ones which make a dash every week upwards.Keep trading but wait for very good dips to get in your favorite stocks for mid/long term..enjoy the trades ..cheers

week 11 to 15 sept.

Markets still in a narrow range of 9900-10000 and jerking traders with gap up/downs. the range has to break and the break should expand 100-150 points minimum on either side. wait for good dips to get into some quality stocks ,otherwise keep trading the dips for short gains ..cheers

WEEK 4TH TO 8TH SEPTEMBER

Markets dip a dip towards the 9750 to move up and cross the 9950 zone last week.failure to cross the highs made recently or stop below that may again give a dip towards the lower end of the range. wait for good dips to get it and keep booking your trading profits..cheers

WEEK 28TH AUG TO 1 ST SEPT.

Markets still in range of 9700-9750 to 9900-9950 . A break either way will give a quick run of 150-200 points. a dip deeper towards 9600-9550 around zone sometime ahead could be the zone from where a move towards the recent highs made can be made.some volatality can be expected in the settlement next week ..trade the dips..cheers

WEEK 21-25 TH AUGUST

Markets gave the much needed dip below 9980-10000 zone . looking ahead it will either go below the 9700 lows made recently after it goes below 9800 that it made on friday or cross the high of 9950 zone to make a move towards 10050 and then cross the recent highs. a consolidation between 9800-9950 could also be there to watch in the coming week. enjoy the trades cheers

WEEK 7TH TO 11 AUG

Markets crossed and stayed over 10,000 and are ranging in 150-200 points ..stocks not doing much except some select few stocks..9990 -10000 remains a support and 10,400 remains a target. trade accordingly and wait for deeper cuts for some positional play.cheers

WEEK 31ST JUL TO 4TH AUG

Markets slowly crept up to cross the 10,000 mark last week. supports lie at 9850-9900 and resistances over the recent top will be towards 10,400 zone..select stocks taking markets up with corrections or no movements in majority stocks.wait for a good dip for long term and trade smaller quantities till then as trading positions..enjoy the trades cheers.

WEEK 24 TO 28 TH JULY

Markets have moved between ranges 9800-9950 for some time.range breakout/down can take it 150-200 points either way.Momentum still on long side waiting for some big trigger for correction which is lacking so small up moves after smaller corrections..be light and trade your profits as they come..cheers

WEEK 17TH TO 21ST JULY

Markets took support the the 9450 zone to move up once again to cross and move up towards the target range of 9950-10,500 ..many stocks not participating in this rally and are much lower than they were in 9000-9300 zones..a sudden dip towards 9750-9800 can come in the coming time which may propel markets further up.keep booking profits and buy the dips..wait for a very good dip to get into investments again..enjoy your trades cheers

WEEKI 3RD TO 7TH JULY

Markets could not cross and stay over 9700 so dipped towards the zone 9450-9500 , and moved up after taking support at 9450 around zone..only if markets cross and stay above 9580-9600 an attempt can be made to cross top again..failing which the markets can break the lows to go towards the targets of 9300-9330...buy the good dips..and keep trading for profits..cheers

WEEK 19 TO 23 RD JUNE

Markets are still in 100-150 point range between 9580-9700 and a breakout/in expected in coming days.cross of 9700-9750 will propel towards the 10k target ..There are indications of a dip ,so be careful and wait for it to come before entering your key stocks. 9300-9350 will be a decent support level below 9500 . in the meanwhile keep trading the dips.cheers.

WEEK 12 TO 16 TH JUNE

Markets are in a range of 9700-9600, break of either side will take markets 150-200 points either side.below 9600 strong supports lie at 9300 zone and strong resistances lie at 10000 zone..only technical trading is helping intra traders to make some moves..investments still at hold as not much movements around..keep trading cheers

WEEK 5TH TO 9 TH JUNE

Markets have been slowly edging up after crossing the threshold at 93-9330 zones and staying over it now for sometime..this 9300 zone now is a strong support zone in case of a sudden fall for any reason global or local..the resistances now above will be 9850-10,000 nifty levels if we keep trading over 9650 zones..most stocks are stuck in their old price ranges and some kind of rotation is going on. short traders are having a bad time over the last few months as holding short positions not possible with small falls and long advances..be a trader ,advise still is to hold your buys till a deep correction does not set in and be a trader till then..cheers

WEEK 15TH TO 19TH MAY

Markets still in a range and just creeping up slowly while profit taking is going on in stocks.above 9330 zone  95-9550 could be a short term target..dips will have supports now at 9300-9330.. Trade this zone and wait for deeper cuts to get in for term buying.cheers

WEEK 8TH TO 12 MAY

Markets now moving in a narrow range again 9250-9350. seems like distribution going on ..One has to be patiant here and wait for very good dips to go into investment mode again..till then trade a good dip either way and get out with your profits..enjoy your trades cheers

WEEK 1ST TO 5TH MAY

Markets broke the levels of 9300-9330 finally to hit a high of 9367 (NS) finally. Have been writing about this from a long time..Now markets have to sustain over 9340-50 zone for a few days to continue the journey ahead or will retrace to levels of 9180-9200 to make a upmove..we are in resistance zone so care should be taken for new investments ..Be a trader and buy dips for upmoves..enjoy the trades cheers

WEEK 24 TH TO 28 APRIL

Markets are still in a range and the weekly observation of the last week still stands .cheers

WEEK 17 TO 21ST APRIL.

Markets again made a higher high and started correcting in a slow drift. Range 9000-9300 still there to be broken on either side by 150-200 points on a sudden move. watch the range for picking a trade on the long side otherwise wait for deeper corrections for investments..enjoy the trade cheers

WEEK 10 TO 14 TH APRIL

Markets moved a bit up to make higher high higher low last week.9130-9150 (NS) is a small support zone for markets to retest tops again.9300-9350 still remains a target and 9000- 9050  a good support zone. trade the dips and wait for much deeper cuts to reenter investments..enjoy the trades cheers.

WEEK 5TH TO 9 APRIL

Markets dipping a bit towards the 9000 zone thereby making a range of 9000-9200 last 2  week.Not many clues available for markets right now so either a rise towards 9300-9330 zone or dip below 9000 to retest 8800-8900 zone..keep trading the dips and wait for deeper plunge for getting into investment stocks..enjoy the trades cheers.

WEEK 27 MAR TO 31 MAR.

Markets made a top at 9218 and started correcting from there till 9000 around(NS). The compression has stated of this long move from 7900..if markets fail to cross the top in the coming days towards 93-9350 zone a deeper correction  can set in targets of which mentioned in last week. .Keep trading but but long term only in good dips..cheers

WEEK 20 TO 24 TH MAR

Markets gapped up post the election results to move towards the 9200 levels after consolidating for a few days around 9100.This is the 13 month from the lows of 6800 around ..9300-9350 could be a possible target of this up move beyond which will be a classic breakout towards 10 K and above.Caution should be the key and wait for good dips for getting back into the markets.8700-8800 is a tentetive buy zone in correction below which we have supports at 8450-8510 zone..do book profits and enjoy your trades cheers

WEEK 13 MAR TO 17TH MAR

Markets did not dip deep last week for a correction before the election results on saturday. Today Victory for the BJP in crucial state of UP should give a fillip to the market on tuesday opening towards the targets of 9100-9200 which are resistance zones..Failure to cross highs or movements up shows fatigue which may correct markets in coming times to rage 8500-8700 zone before it restarts again..Trade accordingly and keep booking profits, cheers.

WEEK 6TH MAR TO 10 MAR

Markets are reaching the final leg of this rally with the exit polls & results coming in this week. the resistance zone of 9000-9050 (NS) still stands..markets did the consolidation dip last week and in case the low of 8850 stays then markets will head towards 9000-9100 zone . in case there is a run for new highs do book your trading and investment profits once or in case of deeper corrections do get back into buying positions again..enjoy your trades and keep booking your profits in time..cheers

WEEK 27TH FEB TO 3 RD MAR.

Markets slowly crept over the targets given of 8900-8950 since long. corrections have been shallow and upsurges strong. The move which started from 7900 (NS) has almost done 1100 points now at 9000.  markets have crossed the last high made at 8968 before its steep fall .This is a resistance zone in 9000-9050 for some corrections towards 8750-8850 zone, and deeper towards 8500-8600 zones. in case we still see shallow corrections till the results dates of the assembly elections a move towards a all time new high soon can be made..Trade accordingly but buy only in good dips for long term. enjoy the trades cheers.

WEEK 20 TO 24TH FEB

Markets habe been in the range of 8700-8850 (NS) in last week of so.Either it is consolidating to make a move towards 8950-9000 zone or may stay here for some more time till the elections are over or the results come for the next move..below 8700 now the supports are in range 8510-8460 in case 8650 is breached..and resistance over 8950 may be the tops made before..Failure to cross tops may lead to a deeper correction in the coming weeks. wait for good dips to get into your favorite stocks and keep booking your trading profits at resistance zones..enjoy the trades cheers.

WEEK 6TH TO 10TH FEB

Markets dipped to rise towards the target zone of 8800 on the budget day onwards. 8873 top made till now Cross and stay over 8800-8840 for a few days can propel markets towards the 9000-9200 zone, failure and take markets back to 8450-8500 zone for retest of lows.do book your trading profits here and stay with your long term investments..enjoy the trades cheers

WEEK 30 JAN TO 3RD FEB

Markets tried to test the 8300 zone  and  reversed to cross the recent highs 8460(NS) to move quickly towards the 8600 zone. 8600-8800 was a projected target zone for any upmove, we may head towards the top  after some sideways correction to dip in the coming days.8460-8510 seems to be a support zone below which will be 8300-8330.Do book now the profits of your investments as we climb up and go sideways and again wait for good dips for inestments..Trading profits please keep booking..enjoy the trades cheers

WEEK 23 RD TO 27TH JAN

Its a truncated settlement week ahead. Markets could not reach the targets of 8500-8550 (NS),stalled around 8460 zone and  did the sudden collapse after a few days of sideways trade...8300-8310 should provide some support and 8400-8420 zone give resistance. deeper down correction can take us towards 8200-8250 zone. Cross of recent highs may take us towards the 8550-8600 zones. Buy in good dips remains the trading policy  in case you keep booking your trading profits at stalling zones..enjoy the trades .cheers 

WEEK 16 th TO 20 th JAN

Markets crossed the 8350 level to move towards the 8500-8550 zone . profits should be bookedas we climb up as the rise is with small corrections only and gap ups..a sudden reversal of 150-200 points cannot be ruled out in case we stall at the higher zones.8600-8800 could be a logical  target of this upmove,  . Budget at the month end could be the trigger for the next upmove after a  correction in this recent upmove. keep booking profits and enjoy the trades. cheers

WEEK 9TH TO 13 JAN

Markets crossed 8200 to reach the target zone of 8300-8350 zone..next target of the markets is in the zone of 8500-8600 in case we cross and stay over 8350 zone for a few days. any corrections should take us back for testing zones of 8150-8200 or 8050-8100 below that.book profits on your trading positions and carry your long term buys done at the low made recently.enjoy your trades.cheers