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.

WEEK 1ST TO 5 TH JUNE

Markets  made a top last week to quickly break 8450 levels to head to wards the projected 8300(NF) zone. Its made a higher low from 8020 made early this month ..Next week we see whether we make a higher high towards the target zone of 8500-8550 or a little higher.8360-80 is a important support zone to watch for a move over the recent highs next week besides the RBI POLICY..be light around the events....trade accordingly and keep booking your profits .enjoy the trades cheers. 

WEEK 25 TH TO 29 TH MAY

Markets after moving in a range broke out to hit app 8500-8600 the top of this range for the time being.strong support lies at 8350-8300 and resistance at 8550-8600..8450 can be taken as the breakout/in point for the coming week..trade accordingly for the settelemet week cheers

WEEK 18TH TO 22ND MAY

Markets are making a higher low and a lower high in the last week..the range is narrowing despite of huge volatility through the  week..This could be a prelude to the breakout of the range in the come week or so..8150-8300 seems to be a range right now( +/- 150-200 points for a small breakout/in)..keep booking profits in this range..7750-8750 is the outer range for the time being.enjoy your trades cheers

WEEK 11TH TO 15 MAY

Markets gave a flip up from the lows but failed to sustain over 8300 to break the lows towards 8000 nf..Reversal again was sharp as buyers came at these levels..This seems to be correction of 7750-9191 range of the market..The next dip if the low holds has to be seen for any sembelance for a move up otherwise every rise has been ending in a sharp fall. watch 8310-8350 zone for any resistance if we keep moving up 8100-8136 should lend support for a up move..do book profits or keep strict sls for your long trades..cheers

WEEK 4TH MAY TO 8TH MAY

Markets have been drifting down from last 8 weeks from 9191(NF) and made the lowest last week at  8136 nf..which is app.88% from the rise of 8007 nf.. price wise and 62 % timewise (weekly). Can it drift further down...why not?? but any drift further can take markets  all the way to 7700-7300 zone.. Possibility of a reversal is there in case we cross and stay over  8220 for a few hours.and over 8300 for a few days..towards the last high.made.. trade accordingly..enjoy your trades cheers

WEEK 27 TH TO 30 APRIL

Markets showed their weakness by tripping right at the start to head towards the recent lows made and broke them twice last week. when large institutional buyers book profits there is no stopping the drift low.Had mentioned this a few weeks back that we are finishing 13 months of ride up and should brace for corrections in coming time..For this trend to reverse watch markets make a higher high and low in coming days weeks for some reversaL..8460-80 & 8220-8200  is the LEVEL to watch next week ..Below it the drift continues .Stil buy your select shares in a SIP manner so that profit can be booked on sharp reversals which markets always gives..enjoy the trades..cheers.