Saturday, February 23, 2019

WEEK 25TH TO 1 ST MAR

Markets hit the low around 10600 to bounce back to 10850 zone..supports lie around 10650-700 and resistance over 10850 around 11000..trade accordingly..cheers.

Saturday, February 16, 2019

WEEK 18 TO 22 FEB

Markets made a high on the RBI meeting day to start the journey downwards as it failed to stay over 11100 zone fora few days...10850 tried to offer support which to gave way for this deeper cut.towards levels of 10600-10650 supports..a bounce back will have resistance at 10750-10850 and below is supports at 10500 to 10350 zone.trade accordingly.cheers.

Saturday, February 9, 2019

WEEK 11 TO15TH FEB

Markets moved to cross the 10,950 -11000 zone to hit the barrier at 11150 around(NF) to retrace back again..supports lie at 10950 below which 10750 may lend support..cross of 11020-30 zone will take markets to the recent high and cross propels it towards 11350-11400 targets ..trade accordingly. cheers

Saturday, February 2, 2019

WEEK 4TH FEB TO 8TH FEB

Markets again repeated the range run..touched the top around 11000 to retrace towards the lower part at 10600 below 10750 to run up again into the barrier of 10950-11000. We have to cross and close above this barrier soon for a few days otherwise 3 tops made here now..if we do not cross this top  and make a lower top we will head back towards some low ..wait for a good dip to get in or trade the cross .cheers