WEEK 6TH TO 10 TH JUNE

Markets have slowly moved up towards the 8300-8350 zone..the the lower high made below 8650 (NS) zone somewhere in october of last year..7950-8000 remains a support zone in any sudden fall and cross of 8350 and stay over it for a few days will propel markets towards 8600-8700 zone..breach of 7950 can take us for a retest of 7700-7550 zones ..keep buying good dips and booking your profits..enjoy your trades cheers

WEEK 30 TH MAY TO 3RD JUNE

Markets held the 7700 (NF) levels to move up to cross 7820 towards 7950 zone..cross propelled it towards the 8100 zone which also got taken out to wards the 8200-8250 zone now..strong support lies now in 7950-8000 zone for any move upwards towards 8350 and above. do book your trading profits and some of your positional stocks bought in feb/mar.. enjoy the trades cheers

WEEK 23RD TO 27 TH MAY

Markets still in 7700-7950 ( NF) range..break of range will give a quick dip of 100-150 points and cross of 7800-7820 will propel markets back to 7900-7950 zone..breakout will give a quick 100-150 points above this. Do buy the dips and keep booking your trading positions..cheers

WEEK 16 May to 20 May

arkets are in a range of 7700-7950..A breakoutor  breakdown should be 150-250 points above below this range..Failure to move above 8000 (NF) and stay over it for a few days , could lead to a deeper correction in the coming weeks. cross over 8250-8300 could take us to 8600 and above..Enjoy your trades and keep booking your profits after you buy the good dips....cheers

WEEK 9TH MAY TO 13 TH MAY

Markets broke the range of 7800-8000 to move a bit lower below 7700-7670(NF)..A breach below thyis propels us towards the 7550 zone ..and cross and stay above 7800-7820 will take us to test and cross the recent highs made..Trade accordingly and buy the dips for your favorite stocks..cheers

WEEK 2ND MAY TO 6TH MAY

Markets remained in the range of 200 points still 7800-8000..The month of may starts on a positive note..targets of 8100-8150 still remain over 8010-20 (NF).. Below 7780-7800 a serious correction can trigger towards 7550-7600 zone.. Tkae your picks on deep dips ..otherwise use your trading skills with smaller quantities...enjoy the trades cheers..

WEEK 25 TH TO 29 TH APRIL

Markets slowly crept towards the 8000 (NF) ..what next???? this is a good resistance zone which if cleared will move the markets towards 8350-8500 zones in quick time.A dip is possible here due to volatality of the settlement week..below 7850 a sharp dip to 7600-7650 is possible , otherwise a reversal from 7800-7850 can be expected as bulls are still unrelenting. Buy the dips and keep taking profits ..enjoy the trades cheers.

WEEK 18TH TO 23 RD APRIL.

Markets after a small dip resumed its upward journey towards 7950-8000 (NF) zone..It is now touching the downward weekly channel from the top of 9191 made in MAR 2015.Daily RSI is showing divergence so caution should be observed..book your profitable positions and wait for sharper deeper dips to buy7500 now holds a strong support above 7250 zone..cheers

WEEK 4TH TO 8 TH APRIL

Markets had reached the 7750-7800 zone and are stuck there now for some time ..what next..strong supports lie now at 7250 zone below 7580-7600 zone..cross of 7800 zone will propel markets towards 8050-8150 zone.. Buy in good dips should be our policy and profitable positions should be booked ..trade accordingly cheers.

WEEK 14TH TO 18 TH MAR

Markets have been trying to cross and stay over 7550 (NF) zone in the last week. 7400-7450 was the support and once we cross the threshold we will head towards 7750-7800 zone..below 7400 the dip will be quick towards the breakout zone of 7250-7300.. trade the zones accordingly and keep booking your trading profits but wait for good deeper dips for investments entries in your select stocks..cheers

WEEK 8TH TO 11 MAR

Markets crossed 7350 easily to move towards the next target of 7500-7550..Markets have been rising fast furious in the last few days and the dips been very low, catching the weak bears ..A dip will be there in the coming days  for profit booking before it resumes the up move..In this long slide the markets the markets have been making lower highs and lows and for the first time we made a higher high..the higher low has to be made  for the markets to declare a respite for this  fall..7250-7350 is a good support zone and over 7550 we may  head for 7750-7800...do book your profitable trading positions and keep buying quality stocks which are available at attractive prices. cheers

WEEK 29 FEB TO 4 TH MAR

Markets could not stay above 7250 and dipped to test the lows once again.We have the budget next week and depending on the news there a test of 7350 in case we cross 7200 and stay over that or break of 6850 ( NF ) in case if disappointments..wait and hold for a day to know the direction of the markets before taking your investments or trading bets ..enjoy the trades cheers.

WEEK 22 ND TO 26 FEB

Markets enter the settlement week now with 7200-7230(NF) offering resistance..cross will take it towards 7330-7350 zone , break of 7100 takes it to 7000 zone or below.Markets are not getting much clues and may be range bound till the budget this month end for any defenite move in march. technical traders should utilise this opportunity to trade the overbought /oversold trading zones in the range bound markets..enjoy the trades cheers

WEEK 15TH TO 19TH FEB

Markets broke all supports last week to plunge down to pre 16th may levels.Global and local cues triggered the move.Its said the bull markets have no resistance and bear markets no supports. 6869.75  level  was a top from where  we dipped in may '14 to start the rally towards 16th may top of 7563.. as markets are over sold a rise towards 7550 levels in the next few weeks is possible and then a retest of bottom or below..short term 7150 -7200 will be resistance to cross. your select stock buying should have begun with the panic of the last week to be held for a year or two for long term gains. be nimble in your trading and do start your stock selections in SIP manner over the next few weeks etc..enjoy the trades cheers

WEEK 8TH TO 12 FEB

Markets broke the 7450 support to retest the bottoms @ 7233..Halted at 7377 (NF) to turn around towards the tops made recently at 7607.Asian markets closed next week few days for CHINESE NEW YEAR  , thus not giving much clues.cross of recent highs takes us all the way to 7750-7800 and break of 7400-7380 to a new low..trade accordingly cheers