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
power house for nifty technicals and stock market fundamentals with charts and technicals.
Saturday, January 28, 2017
Saturday, January 21, 2017
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
Sunday, January 15, 2017
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
Saturday, January 7, 2017
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
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