WEEK AHEAD

The markets were in a range last week .. The S/R of the coming week 5150 with maybe a range of 5050 to 5250..Markets needs cues to move ahead & till now no serious correction has been done of the rise from the recent bottoms made..Wait for a dip to get in 5200 plus will offer resistance in the coming week. enjoy the day & the week cheers.

STILL SWAYING

Markets still in no nothing zone..something may happen soon as the week is coming to a end..huge built up in 5000 puts of over 1crs shares is a bit scary as someone is really betting heavy on markets remaining over 5k. Take is easy and let the market unfold its hand..seems we are in a no trade zone as of now..enjoy the day cheers.

WATCH ZONE

Markets will get into a no-nothing kind of a trading zone..5100 area is a watch area with 5050-5150 as some kind of a range ..breakout/in will be break of this range..Be patiant , long hrs. of trade is getting traders no where..except making the brokers happy..so trade less but in the range & wait for good dips to get in..enjoy the day..cheers.

SIDEWAYS

Markets should move into sideways zone in case the previous highs is not crossed..So maybe some boring trading days( Narrow range ) ahead before some Breakout/in takes place in the coming days..5100 is the watch zone for this week. play light and in the direction...cheers.

THE WEEK AHEAD

Markets are surging ahead on global cues and FII's buying...The week has a S/R around 5100 with a range of 5200-4900..Markets seems to be heading towards 5180-5200 zone in the short term with todays gap up...Book your profits and wait for a dip to get in again ..enjoy the day cheers.

SURGING AHEAD

Markets are moving ahead on Global cues/FII's support..5100-5150 is the resistance zone ..Do book your longs as there is a weekend ahead & ( wait for a good dip to get in )..the move from 4700 to 5100 is over 400 points now..enjoy the day & the weekend. cheers

SURGING AHEAD

Markets are being propelled by FII's buy last few days , whereas DII's are booking profits..so what to do ???? distribution will start & small/ midcaps can run..so be stock selective. with strict SL for sudden reversal ..& markets can just about inch up as it is in resistance zone...wait for a good dip to get in as we are in overbought zone in intraday charts..enjoy the day cheers.

RESISTANCE ZONE

Markets having closed over 5000 after long time ,it will now move slowly into the resistance zone of around 5100 as we go up. Profits should be booked as we move up and wait for dips to get in again...( remember we put our foot in around 4700)..supports now lie in 4930-50 zone..trade accordingly ..cheers.

THE MONTH AHEAD

The most of feburary was spend in a zone , breakout coming on the last trading day of the budget.For the coming month , 4870 is the S/R , the range could be 4600-5200..it will be a interesting month going head..Weekly S/R stands around 4920 zone..So whats in store....we were trading the 4830-4930 zone which got broken now and the range changes to 4920-5020..trade this zone till some breakout/in comes..enjoy the day-week & the month..cheers.

BUDGET BLUES

Tough day ahead for day traders as whats in store no one knows..One can just about guess as per ones own stance in favour of bulls or bears...and justify it ..but the fact is that it has been confusing and that can be seen from lower roll over due to the fact that all want the EVENT to be over & gone with so people can come back after the longweekend to start the new series seriously..So best trade today is no trade...just sit back and enjoy this long break & come back fresh to jump in this cauldrom from next week...For compulsive traders ..well enjoy the fun. enjoy the long weekend & happy holi ...cheers

SETTLEMENT BLUES

We are inching towards the top of the range again now with series coming to a end today ..markets may open up on global cues & then just trade around there ..tomorrow being the budget day , one should wait for the event to go before taking any position..4830-4930 is the range as of now ,small intraday trades should be booked by EOD ..lets see where the breakin/breakout comes next week..cheers

SWINGING MATCH

Markets are range bound into a swinging match..sell high - buy low is emerging as a theme..What should one do in the 4800-4900 range..Trade it or maybe just take a break and be stay away till the budget is over and start afresh after that..Markets wont go anywhere>>??????..you will loose a lot of sweat guessing about it..enjoy the day cheers

SOFT CUES

Markets are moving in tune with global markets..The gap up just fizzled by day end on low volumes..we will start soft today as all Asia is soft..I have a feeling the markets will trade the 4780-4850-4920 zone for some time due to budget etc ..before a BREAKOUT/IN takes place..Trade light , in the range & in the direction..enjoy the day ....cheers.

THE WEEK AHEAD

Markets move into the EVENT WEEK, of settlement & budget..US/EUROPE discounted the PIGS fear and moved ahead last week..We gave the classic jerk on friday to unnerve and shake the weak hands & then just move up again...The weeks S/R is 4850 with a range of 4780-5000..As Asia is rocking ..enjoy the buy in dip policy..4930-4950 zone is worth looking at again...enjoy the week,,,,,,,cheers.

SOFT TODAY

Trading & closing below the PIVOT the whole of yesterday gave an indication of weakness in the market & with the Offmarket US cues & Soft Asia markets will move today towards the support zone of 4830-50 ..& Being the Weekend and settlement next week action will be in the OPTIONS..(Hope ppl. booked profits at top as advised)..Trade carefully /light /Indirrection in the next fw days as volatality may creep in now....cheers.