CONSOLIDATING

Markets are consolidating still looking for clues..5200-5300 is the range right now break out/in will be from this range..The trades of the last few days say that every dip is being bought though FII are sellers in F N O segment..trade light and in direction in the range till we get a distinct break from this range..cheers

RANGE BOUND

Markets are range bound for the time being , as no positive cues are there for upsurge..5250 remains the key zone for trades as of now.Watch 5200-5300 zones for trades ( Trade light)..enjoy the day cheers.

THE WEEK AHEAD

Markets globally are moving in a range due to non availibility of cues to surge ahead.5250 zone again is the S/R for this week with 5150-5350 providing the range..If the Breakout/in comes ,the temporary direction will be set..Trade accordingly enjoy the week ahead..( The best trade is the one which you have booked profits in , rest is just Rainbow of the Mind ) cheers.

POSITIVE TODAY

Markets consolidated the whole day above the 5250 zone and will make a move to retest the top or higher..The range may compress in the coming days before a breakout/down takes place ..Watch the Index closely and trade the direction ..keep booking profits in what you bought on dips....cheers.

RESILIANT INDIAN MARKET

Markets chucked the global bearish undertone specially Asia yesterday to turn from near the support range zone to head back towards the S/R of the week 5250...Move above this zone can take us to test the old tops and higher..Buy only in dips again is paying dividends ..select stocks giving good moves from last few days ..watch them..Trade accordingly.cheers.

SOFT CUES

Markets could not sustain over 5250 despite of good news , unwinded to some profit taking. 5150 is a watch area, below which some weakness can come..Till then the range is still same trade accordingly..cheers.

STILL THERE

Markets are clueless still as to what direction to trade and is distributing/consolidating mode in a narrow range..As we kick off with INFY results today the trigger for either way movement may be provided.The range as of now is 5150-5350..trade accordingly..cheers.

THE WEEK AHEAD

Markets have been moving in the 5200-5300 zone for a while now..Watch 5250 for any weakness..As the range last week was tight the range this week could be 5150-5350, breakout/in to be watched carefully..enjoy the week cheers.

SIDEWAYS

After the move up market is looking for cues to surge ahead..No cues in sight as of now ,maybe the long hrs of trade is is tiring all ..A move is around the corner very soon , it cant stay numb forever..5220-5310 is a range set ..lets see where the break comes at..cheers.

WHATS HAPPENING

Markets just about moved away from the 5000 zone before last settlement...5000 puts of JAN OI got built up from there on( It should provide support in some serious selling)..5200-5400 Options OI build up then onwards..By keeping the market in a range , The option buyers are on the wrong side of the trade as usual as on a daily basis the options will shed the value..A few more days around this zone and someone makes good money in Option Writing..keep booking as we go up..wait for good dips to get in...cheers

RESILIANCE

Markets are showing strenght based on FII inflows..5300-5400 has multi resistances from the past..Keep booking profits as we go up ( mid small cap stocks moving)....5180-5220 should provide supports from here on..enjoy the day cheers.

POSITIVE CUES

Markets after staying over 5200 , will be reaching 5300 & around due to good global cues. The jouney from 4900 zone will be 8 days today. Start booking profits in your positions and wait for dips to get in again, as we will move into resistance zone from here on..enjoy the day cheers.

MONTH AHEAD

Markets ended 2009 on a high note..2010 could turn out to be another cup of tea..So what does january hold for us.5150 looks to be the S/R ZONE with a range of 4850-5450..Markets should be giving some good moves this month..One has to be patiant to identify the trend..enjoy the trades..cheers

GOOD SETTLEMENT

Markets did the final settlement for year 2009 at 5200 around ...thats what the call was in the morning in this blog..Hope all have enjoyed visiting the blog this year & once again wishing all a very happy and prosperous new year..cheers.

HAPPY NEW YEAR

Seasons greetings and wishing all visitors a very happy and prosperous new year..We may be starting at 9 am from 4th january, so a lot of morning rush for getting ready for the day etc..Regards today trade 5200 is where this market can settle..5150 -5250 is the range..enjoy the day and the coming holidays ..cheers.