RANGE BOUND

Markets should be range bound after this huge jerk they gave in the last few days..4200-4400 could be a range as of now with 4300 as S/R..Be patiant..that will be the key???? , who knows whats in store in coming days- weeks, we are still much much over the March Lows....cheers..

PROFIT BOOKING STILL ON

Nothing much to write about todays mayhem, except if you had booked last week at top,we are app. 500 points down now , today was the day to deploy some of that money for a trading bounce..anyhow..4200-4180 is a good support zone below todays low and 4405-4445 will give resistance..we are oversold so bounce can be expected..INTRADAY SWINGS are giving good returns to technical traders ..enjoy the day cheers

PS: thanks guys for ur enquiries..keep visiting..

CAUTIOUS AHEAD

Markets gave the much awaited JERK, ruffling quite a few DIEHARD BULLS..Can it be another buy in dip market..????The next few days will tell only,Only cross of 4520 now will be a BULLISH MOVE..& for now It could just be a sell in rally..4350-4450 is the range now which will be broken either way....enjoy the trades..cheers..

PS: The note of caution given from last week in this BLOG of the MAJOR STAR going retro & the JERK around the corner..must have helped all of you visiting here..Keep visitng or join our service ...

WHAT A JERK ??????

Markets just about rose to deceive..( Had clearly written today morning that 4500 is the key S/R for this market...hope ppl. benefitted with this call)..Have been writing continuously in the blog from the last few days that a GOOD JERK is round the corner..Today was a REAL big one..Hope friends visiting here had unwinded in time & will be in cash to buy when this fall stops...The fall from the top is over 360 points in nifty..Watch around 4300 or below it where we could be oversold for some bounce back..Best stratergy will be to watch & see & do selective picking of your favorite stocks for delivery with this fall.. ..enjoy the day..cheers..

SOFT CUES

Markets did give an opportunity yesterday to go light for a few days and trade in the Direction in the coming days..4500 now is a KEY area to be used as S/R..The range should be 4450-4550 for the market today , before they take a decesive step on either side..Careful in your trades in case Fii's are Unwinding Longs..enjoy the trade ...Cheers..

TRADING DAY AGAIN

The JERK of the GAPDOWN came today..Markets did take support around 4400 zone to bounce above 4500 as had written in the morning..Perfect trading day of good gains for intraday traders.. ..4550 is a resistance zone & 4450 a support now..enjoy the day ..cheers..

SELLING ALL OVER

Markets are selling all over, the loaded markets are finally succumbing to profit taking, The new high was a classic TRAP at top as Markets like to catch the Babies (Bulls or Bears) at the tops & bottoms..Watch 4400 area around for maybe a small bounce back ..4510 now becomes a resistance zone..Trade cautiously as volitality will creep back & markets can hit & break any number of supports too..Wait watch will be the keylet markets stabalise....enjoy the day.. cheers.

INDIAN UNITY

Seems we Indians have great unity , we just followed our T20 Team today( spiralled down )..Unwinding was the key, though RIL being soft added to the fall..We did take a support near 4510 and bounced back some good 80 points, to get a huge unwinding JERK again..Well the Market today again was a traders paradise..with a TWO way SWING's..Both BULLS & BEARS went home happy..Below todays low 4400 area is a watch area.enjoy the day ..cheers..

STARTING SOFT

Cue's not very encouraging..( Indain T20 Team too hit the dust)..Weekly range could be 4400-4750, Profit taking on every rise will be routine ,,,,4510 is a support zone to watch..Can it still be in a range bound intraday swing like days before...Maybe yes..but be very careful of the sudden JERK which can happen both ways...The size of the DIPS will be the cue to markets ahead..watch that and VOLUME/TURNOVER closely this week's for Trading stratergy..Happy trading..cheers

FANTASTIC TRADING DAY.

Once again markets gave a Perfect Intraday Trading Day..( Our Clients went home into the weekend with huge smiles)..On the cue markets started selling off near 4700 top & stopped somewhere near the 5 SMA..below 4600...As i have been saying its become a traders paradise with Both way Swings ..Markets are nervous and volumes downwards are higher than upwards..also falls are now becoming faster than the rise..Lets see how things pan out globally..till then enjoy the technical intraday trades & profits..enjoy the weekend..cheers..

FLAT CUES

Markets globally are just about flat, not getting enough inputs for further rise on these heights..QIP's are in place....Trading these days is (good fall quick buy& sell) ..range bound ..Todays Range to trade could 4600-4700 (+ _ 50 points)..INTRADY TRADING is KING right now..enjoy the swings and make money till this lasts..cheers..
PS.: A major star turns retro next week..lets see its impact..

CONSOLIDATING

Markets did just about the consolidation game, with the CLASSIC ..JERK ..of the heights.. What next..app 4600-4650-4700 range is set..nothing much to do except ride the breakout , and in the direction....Care should be taken while trading in coming days to trade with strict SL...enjoy the day cheers

CONSOLIDATION AHEAD

Markets should take a pause after 2 solid days of gains..Some unwinding did take place yesterday at the peak..4740 is a watch zone over yesterdays top and 4610 as support..Market may trade in a band for a day or so and then see ahead from next week..Caution is advised though MONEY & MOMENTUM has made a MOKERY of all fundaments & technicals so far..still use technicals and play intraday ..enjoy the day..cheers

SURGING AHEAD

Markets opened higher and frenzied short covering took it zipping away in no time...Please note markets have crossed the OLD SWING of 4649( August 08)...and closed over it..( FROM YESTERDAYS LOW 300 POINTS PLUS) Markets will always remain bullish over this level...The NEXT SWING or swings over this are far away..The intraday unwinding also was quick & swift..so care should be taken in longs in the next day or so..enjoy the day ..cheers..

BULLISH STILL

First of all thanks for the response to the TRADING SYSTEM I posted.. Will try to reply as soon as possible with details..
The markets closed at threshold of 4550 again yesterday..Asian markets are positive..We should watch 4590-4607 closely over which 4650 again become a top. Supports now lie at 4510 app. levels.Plainly speaking Its becoming difficult to say what will happen tomorrow..The WHACKS are HARD, sudden with surprise..so are the recoveries..This will end on one side one of these days..When & from where who knows..Be a intraday trader & play the range..its 4400-4600, +/-50 points right now.. enjoy the day ..cheers