Markets have been correcting now last week again and trying to hold the 10800-10900 zone..any break here will take us to 10,600 zone from where the big move upward started..11150 will be a resistance over which we head towards the 11300-400 zone..do dip into some quality stocks here but keep posting your trading profits on any rise..enjoy the trades cheers
power house for nifty technicals and stock market fundamentals with charts and technicals.
Saturday, September 29, 2018
Saturday, September 22, 2018
WEEK 24 TO 28 TH SEPT.
Markets rose to disappoint and broke the lows to head towards 11200-10800 zone on news etc this time..friday blues shook all but also gave an opportunity to buy into some select stocks..Markets are in correction mode and all rises may be sold in..11300-11250 now will be a resistance over which we may head towards 11450 zone..any break of lows made on friday has to be watched carefully as another deeper push can propel us towards 10600 + zone..higher lows if maintained can help markets climb back over the next few weeks ..keep booking profits cheers
Saturday, September 15, 2018
WEEK 17 TO 21 SEPT
Markets corrected towards the support zone of 11400 to first break for a downward journey and then do a bounce back from the oversold positions...11650 will be a resistance zone cross of which can propel markets over the recent highs towards 11900-12000..break down again below that level will retest the lows made at 11300 or go below..trade accordingly and keep booking profits..cheers
Sunday, September 9, 2018
WEEK 10 TO 14 SEPT
Markets moved in the last few weeks to targets projected at 11500 and above and has done a mild correction from 11800 zone to 11400 zones and then a rebound..as the threshold of 11200 has been passed decesively that will now be a strong support breach of which will start a deeper correction towards 10500-700 zone..resistances remain at 11800-12000 zone so care should be taken at these levels..trade accordingly cheers
Subscribe to:
Posts (Atom)