WEEK 28TH SEPT. TO 1ST OCT

Markets moved in a range of 7700-8000 (NF) there by halting the upwards move in the truncated settlement week.Next week too it looks the same range +/- 100-150 points on on some global cues ..area to watch will be 7850-70 zone for any direction of the move..do keep booking profits when you can and buy good dips in your selected stocks.cheers

WEEK 21 TO 26TH SEPTEMBER

Global cues propped the markets beyond the range to move towards the higher end of the range towards 8050-8100. Markets have moved 500 points from the bottom despite huge build up of PUTS when we were at bottoms. so what next..A retest of the bottom is due to establish the higher lows higher highs model.. its a truncated settlement week so volatality can return in the coming week.supports lie around 7800-7850-7900 and resistance around 8150-8200 trade accordingly.cheers

WEEK 14TH TO 18 SEPTEMBER

Markets almost touched the low-high of the band projected last week (7558-7878)..Hope visitors to the blog bought and booked their profits..so what next..weekly range is 320 points.  The range can narrow this week between 7600-7900 with a 100-150 point breakout/in zone.7740-50(NF) can the neutral zone to watch. Truncated week and FED meeting ahead may bring volatality so keep strict sls for coming week enjoy the trades cheers

WEEK 7 TH TO 11 TH SEPTEMBER

Markets halted to trip again in the last week due to volatile global cues to retested and break the lows made recently. 436 points was the range last week .Global cues are still weak so drift downwards may continue next week too.below last weeks low supports lie at 7550-7420 zone below 7590..resistance lies in 7875 zone for the time being above which is 8000 zone..7790 around is the weekly pivot. SIP buying in your favorite stocks can be done and on any good rise profits booked.Do keep in mind that we are still making LOWER HIGHS AND LOWER LOWS..  and till this trend  is not reversed  caution has to be done in your trading accounts..Markets can remain oversold or overbought for days / weeks ..enjoy your trades cheers

WEEK 31 ST AUGUST TO 4 SEPTEMBER

What a roller coaster ride last week..Started with a huge gap down and rushed towards the May 16 th 2014 high made..The fall had been lurking for long as we were not able to cross 8650 for a bit of time..The reversal from the lows of 7665( nf ) was fast furious.Now what next,..We had a 460 point range last week which  should reduce in case volatality settles down in the coming week.8200-8250 on the upper side and 7800-7850 on the lower side with 7900 set as middle point should be watched ..enjoy the trades and do keep booking your profits when they are there . ..cheers

WEEK 24TH TO 28TH AUGUST

Markets had resistance around 8500-50 zone and failed to capture the 8650 top of the range so fell and broke 8350 range to move  150-200 points lower as being projected in the last few updates in this blog. With US  sold out on yesterday we can expect a weak weekly opening ..8150-8200 should be a good support zone +/- 50 points in case the friday low is  broken for a small bounce back towards the settlement..Trade according and also look for your favorite  select stocksin sip manner  in case of panic bottom next week.enjoy your trades cheers

WEEK 17 TH TO 21 AUGUST

Market touched the lower range at 8350(NF) app. and turned to cross the 8500 mid range to close the week at a higher end..Seems we are still in the same 8350-8650 +/- 150-200 points range..Do book as we reach the top of the range and keep SL's if we drift down. enjoy your trades cheers

WEEK 10 TH TO 14 AUGUST

Markets are still range bound between 8350-8650 with 8500 being the neutral zone.Breakout/in will take the markets swiftly 150-200 points either way..Wait for good dips for investment entry and in mean while can buy small dips for trading..enjoy your trades..cheers

WEEK 3RD TO 7 TH AUGUST

Markets dipped from its consolidation zone to test the lower range at 8300-8350 to bounce back towards 8550-8600 zone..8650-8700 is a strong resistance zone and 8250-8300 a strong support zone with 8500 being a neutral zone..Trade accordingly cheers

WEEK 27 TH TO 31 JULY

Markets in the last week have been moving in a range 8500-8700 app.Break of this range can give a 150--250 points move quickly..Its been 5 weeks since this last up move started and its been making higher high/lows so far..we have to keep making higher highs to sustain this up move failing which the markets will dip to test lower levels..watch 8470-90 (NF) zone carefully for this dip.Trade accordingly..cheers

WEEK 20 TO 24 TH JULY

Markets almost touched the lower part of the range at 8326  (NF) to move up for a break out over 8561...beyond 8650 zone 8800-around could be a target in case markets hold 8530- 8560 zone in the the dips in the coming week...Trade accordingly..cheers

WEEK 13 T0O 17 TH JULY

Markets are range bound now between 8000-8500 in the near term and narrowing of this range will be between 200-250 points..This range bound has to break in the the coming weeks  and can lead to a 200-300 point break out move either way..8250-8300 holds the key for either side range bound or break out trade trade accordingly..cheers

WEEK 29TH JUNE TO 3RD JULY

The week ahead will have bearings of global factors specially Greece /Europe..The ride up  can have the correction as being shown in the sgx nifty this morning..8200-8156 seems to be a support for the time being and 8450-8500 again remains a resistance area..trade accordingly cheers

WEEK 22 ND TO 26 TH JUNE

Markets did not breach 7900 support and after making a higher low moved towards 8150-8350-8500 targets..Will it make it there..been a laborious few days to reach 8250 once it crossed 8020..The supports lie at 8200-8150 zone and resistance at 8300-8350 zone for the coming few days.settlement week always is volatile and June end will be quarter closing for all funds..Trade accordingly..enjoy your trades and keep booking your profits..cheers

WEEK 15 TH TO 19TH JUNE

Markets after retesting tops around 8500 zone twice corrected to break the Low of 8020 -8000 in the last week clearly indicating that this is the timewise/pricewise correction of the last rise til 9191 (NF)..7600 was the 16 May '14  top made and in case we break 7900 we may head there to breach this high..8500-8350-8150 now remaijn key resistance areas in the coming weeks above 8020 zone. Buy into your select stocksi n a SIP manner and keep booking profits near resistance zone..enjoy your trades cheers.