WEEK 18TH TO 22ND AUGUST

Markets still in range of 7500-7800 without breaking IN/OUT from last few weeks..It shows  thats it is still consolidating and not finding any reasons for and big move..The same can change suddenly w/o assigning any reason due to domestic/global cues..Traders have been rewarded so far but one of these days we may not rise again so BUYS should have strict SL in coming days..Be in your favorite stocks in  SIP manner in case you want to carry your trades and book profits when it is  are there ..enjoy your trades cheers.

WEEK 11TH TO 14 AUG

Truncated week ahead with a dip last week which shook the bulls a bit.....Makes a good potent trading week ahead..7550 was a support zone below and 7700-20 will now be a resistance for this market..Breakdown or out will be about 150 points ..Deeper corrections are the need for the markets and will depend on liquidity and global situations..Invest in SIP manner or be a plain trader in the coming weeks ..enjoy the trades cheers

WEEK 4TH TO 8TH AUGUST

Markets again moved in the narrow range of 7600-7800 w/o breaking in/out of this range..Range break now seems over due and has to be over 200-250 points..Churning in stocks is being seeing with severe cuts in stocks not showing  good results..for the coming weeks wait for good dips to get in or just keep trading your favorite stocks or index in the range given above with strict sls..enjoy your trades cheers..

28th JULY TO 1ST AUGUST

Settlement week is on us..The markets are still range bound ..now BTW 7600-7800...beyond 7850 a target of 8050-8200 is pending and a retest maybe of 7500-7550 maybe there...in case of break of  the above mentioned range..do wait for some deeper dips to get into your favorite stocks..Till then trading is the best way..cheers

WEEK 21ST TO 25TH JULY

Week before the settlement of this long month of futures trading Markets have been in range of  still  7500-7700 ..seems either side there is no cue available for breakdown or breakout as results season is on..The trading range is same 7500-7700 +/- 150-200 points either side..Trade accordingly and wait for deeper dips to get in once again in your favorite stocks ..till then be a trader..cheers

WEEK 7TH TO 11 JULY

Markets are moving into the BUDGET WEEK...as written last week we moved into the higher side of the 7500-7700 range..in case markets  stay over 7750 for a couple of days the Breakout expected over the the last leg of this up move will be in progress..towards 8200-8500 zone..Caution though is advised with strict stop losses for your profitable positions in case we run/gallop up again..Break downs may lead us all the way back to test 7200-7250 zone in case 7480-7500 zone is breached..enjoy your trades cheers..

WEEK 30 JUNE TO 4TH JULY

The week ended with markets still consolidating in a range despite the settlement week..7500 -7700 seems to be a market range with a +/- 150-200 points quick move on breakout/down either way..Sector rotation is being seen and more can take place before the budget..any sudden dip should be used to take some delivery positions in your favorite stocks..and any rise towards the budget should be used to book profits..trade accordingly cheers..

WEEK 16 TO 20TH JUNE

Markets moved towards its target of 7800+ after crossing the previous highs in the last week , but starting correcting immedietly there on after crossing 7700.. supports lie in the zone of 7450-7500 for the targets as given and below this point a correction again towards 7200 zone..high beta stocks correct hard in such correction and one can wait for deeper dips to get back into them..Trade the index stocks buying them in SIP manner nearer to supports..Trade accordingly cheers

WEEK 9TH TO 13TH JUNE

Markets have broken out again after consolidating for a few days at the 7200(NF) zone..a few closes above 7650 ,could propel markets 7800 and 8200 app.which  could be a target in the coming weeks etc..failure to cross the high for the next  few days could bring markets back to 7450 levels and breach of this zone would signal a reversal again for test of 7200-7050 zone..and another consolidation before the budget....profits should be booked or longs carried with strict sl,s as markets spring a reversal surprise unannounced..Trade accordingly..cheers

WEEK 2ND JUNE TO 6TH JUNE

Markets moved in a app.300 points range in the last week closing at the lower part of the range..Selling seem to have started towards the 7100-7150  range..break of this level and close below this for a few days may take markets lower towards 6600-6650 range..moving up the markets may again attempt 7500 if it manages to cross 7350 zone ..hope profit was booked in your investment trading positions and wait for good dips to get in again..enjoy your trades..cheers

WEEK 26 MAY TO 30 MAY

Markets consolidated the whole week in the range set on result day of 7625-7160(NF)..to slowly climb up by close on friday..Swearing in on monday and settlement week  may propel markets towards 7520 zone if it stays over 7380 zone..7800 is also a pending target of this upmove above which we head  above towards 8200-8500 in coming weeks /months..strong supports now lie at 7160-7200 zone below which some serious correction can take place..Do trade and keep booking your profitable positions till the party lasts..enjoy the trades cheers..

WEEK 19TH TO 23RD MAY

Country celebrates a change of government welcoming Shri Modi as the new PM..Markets too celebrated a huge leg up in the morning followed by a decent correction..So what next ??? Euphoria being over markets will have to move back to fundamentals and technicals in the coming days weeks..So back to normal trading..Hope visitors to the blog did book their SIP investments of the last DIP we got..will trade in the coming days with strict sl's as markets may also look to global cues for moving forward..6650 remains a good support below 6900..and a few closes above 7650 only will propel markets towards 79-8200 zone..A correction is due so care at heights and become a trader till then..enjoy the trades ..cheers

WEEK 12 MAY TO 16TH MAY

A very important week ahead for all us participants of the stock markets..12th evening the exit polls start and 16th we start with the results..As mentioned last week the consolidation/break out/down 6650-6850 range worked well..SIP investment suggestion gave good returns yesterday with the index moving app.200 points of nifty benefiting participants both in index and stock investment..NS posted a higher high in the index...( the sudden move came) hope visitors to this blog are in good profits due to above ....so enjoy the ride & should book  what you have in case the markets give a exceptional  run up..keep your SL's strict.enjoy the ride cheers

WEEK 5TH MAY TO 9TH MAY

Markets still making higher high and low..Is it still consolidating.?????Option analysis is showing a build up    of 6700-7000 right now.. expansion can take it to 6500-7200..we have been in the range 6650-6850 for some time  & awaiting  the election results  by mid May..Hope you are accumulating in SIP method your select stocks etc in this correction /consolidation .. in case of markets running away the same can be cashed ..Weak hearts can wait/stay away till the event is over and normal trading starts again..Enjoy your trades cheers

WEEK 28 TH APRIL TO 2ND MAY

The new series started with the correction on the first day of the series..What next???? below the levels of 6806 a sharp tight correction can set in for targets of 6750-6500 ( N F )in the coming weeks ...above the highs of 6860 the markets can attempt a move to 7050 or higher( which are  higher than these levels )...In case of sharp correction select stocks can be bought at support levels partially in a SIP manner..Trade will have to be taken on a daily/weekly basis till the event of 16th May is behind us starting from exit polls start..Trade accordingly..enjoy your trades cheers..