Saturday, January 26, 2019

WEEK 28 TH JAN TO 1 ST FEB

Markets touched the top of the range at 10950-11000 to rertace at week end giving a big high open low close move. as we failed to close above 11k for 3-4 days the retracement was quick and severe. we break 10750 will may head towards the targets of 10550-10600..only above 10950 closes that we can head towards 11150-11250.. trade accordingly

cheers

Saturday, January 19, 2019

WEEK 21 TO 25 JAN

Markets remained again within the range of 10750-10950 app. for the last week. the next week if markets breakout then te range expansion will be 200-250 points failing which we may once again retrace back towards the lower part of the range..trade accordingly cheers

Saturday, January 12, 2019

WEEK 14TH TO 18 TH JAN

Markets are closing the range this week..it was 11000-10700 before now is 10950-10750 app..a breakout.in is expected very soon..over 11000 we may move quickly towards 11250-11300,below 10750 towards 10500-10550.. keep booking your profits and buy the good dips.. cheers

Saturday, January 5, 2019

WEEK 7TH TO 11 TH JAN

Markets dipped from a level of app. 10950 to a level of 10350 in the last month post election results..It rose to cross 11000 by a whisker to post a high.from thereon its making a higher low as of now at about 10540..this is the level to watch for the break down and cross and close  above 11000 for a few days will propel markets to 11150-11250 zone..trade accordingly cheers