WEEK 27 TO 31 ST MAY

Markets broke the range around the result days to breach 11850 towards 12000 and above (NF) to correct slowly back into the range to end at higher end of the range at the weekend..so watch the range in the coming weeks as markets settle to see which side the buying selling is coming..till then be light and nimble and reverse positions quickly if on the wrong foot ..enjoy the trades cheers

WEEK 20 MAY TO 24 TH MAY

Markets drifted to near 11100 zone to rise in the last 2 days on short covering towards the 11500 zone  leading to the results week. Positions are light due to the event and there will be lots of jerking either way till the final results are declared..enjoy from the sidelines or be very light to avoid getting caught in jerks  and keep booking profits if there in your positions..enjoy the trades cheers

WEEK 13 TH TO 17 TH MAY

Markets rose to give the dip and broke the range with good profit taking..this dip was on the cards as the markets were tired..the range break has a support around 11300 below which can drift slowly towards 10900 zone if buying does not come back..the event of the elections is coming to an end soon..be light restrict yourself to some good stocks and let the event pass..wise traders avoid events..and thus survive the markets for longer periods. cheers

WEEK 6TH TO 10 MAY

Markets are still moving in a range of 200-250 points.. breach of this range will quickly give 150-200 points either way..be light and book profits as we climb up and wait for good dips to get into your favorite stocks..cheers