Saturday, March 25, 2017

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

Saturday, March 18, 2017

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

Saturday, March 11, 2017

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.

Saturday, March 4, 2017

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