BREAKOUT

Markets after consolidation last and with fridays move just about moved to cross and make new highs ..the range of 4600-4800 maybe breached on the higher side..Do book your longs tomorrow if any ,as profit taking unwinding can be expected.. above 4780 market can make a dash for 4880-4920 zone.. support lies deep down..enjoy the day... cheers..

WEEK AHEAD

Markets just about surged ahead to close near 4700 zone..4670 zone should be taken as the S/R of this week going forward..4600-4800 could be a range..Trade accordingly..cheers..

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WEEKEND RELIEF

Markets just about finished its consolidation and gave a weekend gift to belegured bulls ( Trapping the Baby Bears badly)..now we are in the range 4650-4750...for the next week..The move of today was very clear when markets held the lows of 4577 made few days back..( it just jerked the weak hands with the sudden Intraday dip to lows & then the spectacular pattern of the RISE UP..( A classic W pattern in intraday charts, see above in the chart the swing lines.....) cutting once cross of SWING top of 4650 to the 4720 zone..enjoy the weekend..cheers..

FLAT STILL

Global cues giving no clues and markets just about being flat all over..seems market participants are waiting for some directional cues to move forward ahead..Lets wait and watch also what happens in the coming days ,,,,,mean while the range of 4550-4650 is still on..trade accordingly cheers.

RANGE BOUND STILL

Markets when they are not able to cross a threshold over a few tries in hours or days ... then turns and goes to test the supports at bottom again ,to gather momentum for any UPMOVE ..or vice versa..4550-4650 is turning out to be the S/R of the Markets right now..Watch which side it breaks to pick your trades...( A nice swinging market for SWING TRADERS )..enjoy the day cheers

TAKING SUPPORTS

Market cues globally are taking supports today and so have markets opened positive..Follow the range of 4550-4650-4750 in coming days..Some amount of turbulence , jerks and wild swings can be expected in the coming days when Bulls Bears fight hard..enjoy the trades ..cheers.

RESILIANT MARKETS

Markets just about opened down and took support at 4570 zone..to bounce back to resistance area of 4640 around.....4550-4650-4750 will be a trade zone, in case 4600 is held in close in the coming days..Close below 4600 does not augur well for the markets....so take trades accordingly..cheers..

SOFT AGAIN

Hope Friends visiting this blog would have booked at top of the range their longs & must be relieved and smiling seeing the softness all around..we broke the 4630-40 support in close yesterday , which meant that there is further weakness and that the shorts will again pay on opening the next day....4560-70 is a support failing which supports lie deep down..Care should be taken in Trades and my advise is to trade the DIRECTION & not the EMOTION..Resistance now is 4630-40....enjoy the trade..Cheers.

JERKING DAY

Markets gave today the typical JERK...move up followed by quick move in the oppposite direction..Catching the baby bulls on the wrong foot..The huge fall was due to heavy stoplosses being triggered on longs..( Intraday charts had warned of the resistance & to exit longs with a clear sell signal )the RANGE given 4630-4730 is proving to be quite a handful..It tripped from about 4730 zone till the support zone which also got breached ..trade with care in days ahead and let the markets show their will & direction....enjoy the day cheers.

MOVING AHEAD

Markets after weakness seem to be moving ahead in Asia, but still range bound..Trade in the direction as 4740 again can offer resistance..supports now lie in 4630-40 zone..enjoy the day cheers.

SOFT TODAY

Despite a breakout on Friday..Markets opened real soft due to global cues & gave opportunity for fridays shorts to cover..Buying is still coming at lower levels..& the range of 4630-4730 held today...This is a tired market & only money can drive this up more .The move going forward could be (+/- 100 POINTS) above the range suggested..enjoy the day ..cheers

ASIA IS SOFT

Asia is following China..soft and selling..Markets are at a very tricky stage..range is 4640-4740..break either way will tell the direction in the coming days..Trade with care and in the direction..This weeks S/R is 4690.. with a possible range of 4550-4850..enjoy the day..cheers..

TOP BREACHED

Markets just about breached the TOP of 4731 today...The sharp move today caught (the baby bears/experts on the wrong foot..)remember my post today to keep your EYES WIDE OPEN..The chart i had posted a few days back gives you the footprint ahead..Kindly refer to that and trade accordingly..enjoy the weekend..will try to post a chart during the weekend for all visitors here for some thoughts on markets ahead..enjoy the weekend ..cheers.

MARKETS AHEAD

Markets are poised to make some sharp moves in the September Series..Key here will be whether one catches the right move for good gains..????..There have been many confident calls floating all around the blogsphere for the Month ahead ( MAINLY NOISE)....( specially the free calls , not responsible ,vanish when wrong type.) ..I will advise all visitors to my blog to use their experience/ risk taking capability with strict stop losses for trades ahead..( put my calls also through the scanner)..as it is your hard earned money& dont get carried away....
Anyhow 4630-4730 could be a tentative range , break either way may give a short time trend..trade accordingly..cheers.

RANGE BOUND TODAY

Markets kind of spent time the whole day in a tight range doing just about nothing...,and then gave some wild swings at the end for the settlement..The event is now behind us and the new series kicks off now ....Trading Zone is now 4600-4700..so lets see where we head in the coming days and weeks ..cheers