WEEK 15TH SEPT TO 19 TH SEPT

Markets are still in a range of 8080-8200 ..consolidating waiting for cues to move forwards or backward ..Correction is due and in case in the next few days if it does not cross the recent highs , a possibility of correction may start below 8050-60 due to domestic or global cues..rotation of stocks is going on in this consolidation stage..Trade cautiously with strict stop losses till then..enjoy the trades cheers

WEEK 8TH SEPT TO 12 SEPT

Markets kept in   consolidating mode in a range now higher than previous weeks..Slowly steadily markets have been making higher lows higher highs ..after crossing 8050 threshold its moved towards 8230-8250(NF) or beyond targets ..supports now lies in 7980-8000 zone break of which takes us deeper towards 7850 zone..cross of 8200-8250( resistance zone) and stay over it for a few days will open the markets towards targets of 8500 and beyond..keep strict sl below 7980 for reversals..enjoy your trades cheers.

WEEK 1ST TO 5TH SEPT

Markets settled at the top in the truncated week ..The targets of 8050-8250 zone still remain pending and supports have now moved upto 7840-60 zones ..Markets are moving slowly now with some good news pouring and may creep up towards the targets given above..The churning in portfolios is keeping the index from falling suddenly as one or the other index comes to the rescue when selling starts. DEEPER SUPPORTS are now in range 7200-7500 which markets may  touch once correction starts and we stay below 7840 zone for a few days..Till then enjoy the ride till targets achieved with strict stop losses on your favorite stocks or index..enjoy the trades ..cheers..

WEEK 25TH TO 28TH AUG.

Markets consolidated in a small range last week to break out on the upside over 7900..Non relenting stocks do keep moving higher but only select making new highs and rest not even able to touch recent highs..Index traders are getting opportunities to enter on dips for trading..Targets of this current trend are towards 8050-8250 while good support now lies at 7800 zone..Watch and trade that in this settlement week ..enjoy your trades cheers

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..