VOLITALITY GALORE

In the Morning update VOLATILITY   was mentioned by me ,  well it was there in plenty , Volatility shows nervousness in the positions which  traders are carrying & quick reversals and stop loss triggers, makes markets move in wild swings..Maybe in coming days this is more pronounced..Trade with care in the coming days & with strict stop losses...enjoy the wekend..cheers.

MARCH SERIES

Markets should be looking for some decesive move either side soon, as it has been range bound for quite a while and volatality dipping and staying around same levels..the range still is 2650-2750-2850...Maybe in the next few days something triggers that move for break of this range. My advise for now for visitors here is , wait for a dip to buy or Trade only if you are nimble footed or a technical trader..trade with strict stop losses,,,avoid overnight positions so as not be trapped in positions..or small traders/investors just wait a while for markets to unfold their hand.. happy trading ..cheers..

SETTLEMENT BLUES..

Despite weakness of the last few days , the markets managed to move towards 2800 zone for closing..As i posted the pitchfork chart in the morning , the market is already inching towards 2800 above zone..So lets see how it fares in the next few days.. 2760 area to watch for supports......Markets tend to surprise the masses ( all & sundry are very bearish) trade the trend not the NOISE.......anyhow enjoy the day ....cheers..

ROAD AHEAD

Mapping the footprints of ANDREWS PITCHFORK, a reasonable trading range comes in view from the above daily chart..app. ..2250-2550-2800 looks like the range as of now.. The above chart clearly shows where we can head in a weak market in the coming weeks ahead..In case we trade above 2800 for some time, the A P will have to be reversed for targets upwards...Hope this helps all visitors & friends who have been enquiring from me on this subject.. Do get in touch with us for our service details in case you are looking beyond this for more detailed analysis/daily /positional trading etc ..happy trading cheers..

POSITIVE DAY

After huge battering the markets all over bounced with short covering to unwind the over stretched markets..2780-2810 is the area to watch , cross of which can take us all the way back to 2880.. supports lie in 2720-30 zone..So what next????? its settlement day tomorrow and volumes should be low as still there is pressure of lotsizes on the market players and rollovers are less..enjoy the day..cheers..

BOUNCE TODAY

A bounce from oversold positions was on the cards and US after days of hammering just about did the same..Over 2736 we should move towards 2780-2810 zone.. bullish move if anay will come only after a couple of closes over this area...Settlement /larger lot sizes from march series/stress test etc etc will weigh heavy on the MARCH series..Take it easy and see which way we drift beyond tomorrow to plan your investments..cheers..

DIFFERENT STROKES.

Indian Markets moved in their own direction, discounting after open the global weakness to turn and take supports close to our 2660 zone written in morning to seek higher levels the rest of theday.. 2750 will be area to watch again, cross of which is important to move forward again..Take small trades in the direction till settlement, as we could be range bound in the next few days....cheers..

TOUGH WEEK AHEAD

Global cues being so negative and with a constant threat of a slide down from 2660 break, participants will be really nervous to commit positions on the long side in the next few days and may prefer watching to see where we head towards ..2660-2800 is the range for the coming week..trade with care..cheers.

SALUTING A R REHMAN

SALUTING A R REHMAN for all the soul searching tunes given to indian public over the last many years resulting today in 2 OSCARS with blessings of almighty, his mother and wishes of over A BILLION INDIANS....JAI HO..

WHERE ARE WE HEADING?????

Any guesses for where we are headed..comments welcome..""""" cheers..

ROLLER COASTER RIDE

Gap down on cue, ( good we cleared all our longs yesterday at close)struggling at supports of 2710-30 NS the whole day and a smart short covering due to long weekend in INDIA...Brave hearts who bought the sudden dip in NIFTY or select stocks would have benefitted today & later also ..Its been a continuos downside for all indexes for sometime now. Is it time for some bounce back...???????? WHY BREAK YOUR HEAD TODAY..enjoy the long weekend..cheers

RANGE BOUND NOW

We had low volumes/nothing day yesterday, maybe same again today with negative bias due to global cues..The range is still same , frustrating all participants....The Markets wont give much as we are into a long weekend going into settlement week. Options may cause huge damage with time decay so be careful..pick select stocks for delivery over the next 100 -150 points weakness.Take it easy today..Cheers..

NOTHING DAY

As explained in the morning this was to be a nothing day with a positive bias. Stop losses must have been hit both ways as the range was small..Markets are resilious as of now closed over 2754 for the second day in a row..select Stock pickings  were in profit both the days with buying on dip,  even NF & calls paid dividends...Range still is 2650-2750-2850..lets see where we reach first.( no guessing)..cheers.

FLAT CUES.

Markets are just about flat all around , trying to decide from here what to do & where to go..down to 2660 or up to 2880..Well best trade will be stay on the side and let it decide.This is inbetween zone and we r a tad oversold. enjoy the day..cheers.

MIXED DAY

Well markets just about did what was expected by us opened down to start a immediete pull back forcing shorts to cover , (OUR PRE-MARKET CALL OF BUYING 2700 CALLS/ NIFTY FUTURE /SELECT STOCKS ON OPEN ,ROCKED TODAY..)it traded in a zone the whole day and all rise were sold into..with Markets ending flat there by giving nothing away and just about unwinding its oversold positions a bit.Global cues will dictate the next few days movements..supports still lie at 2710-30 zone and resisatnces in 2830-60 zone...enjoy the day..cheers.