WEEK 23 RD TO 27TH JAN

Its a truncated settlement week ahead. Markets could not reach the targets of 8500-8550 (NS),stalled around 8460 zone and  did the sudden collapse after a few days of sideways trade...8300-8310 should provide some support and 8400-8420 zone give resistance. deeper down correction can take us towards 8200-8250 zone. Cross of recent highs may take us towards the 8550-8600 zones. Buy in good dips remains the trading policy  in case you keep booking your trading profits at stalling zones..enjoy the trades .cheers 

WEEK 16 th TO 20 th JAN

Markets crossed the 8350 level to move towards the 8500-8550 zone . profits should be bookedas we climb up as the rise is with small corrections only and gap ups..a sudden reversal of 150-200 points cannot be ruled out in case we stall at the higher zones.8600-8800 could be a logical  target of this upmove,  . Budget at the month end could be the trigger for the next upmove after a  correction in this recent upmove. keep booking profits and enjoy the trades. cheers

WEEK 9TH TO 13 JAN

Markets crossed 8200 to reach the target zone of 8300-8350 zone..next target of the markets is in the zone of 8500-8600 in case we cross and stay over 8350 zone for a few days. any corrections should take us back for testing zones of 8150-8200 or 8050-8100 below that.book profits on your trading positions and carry your long term buys done at the low made recently.enjoy your trades.cheers

WEEK 2ND TO 6TH JAN. 2017

Wishing all visitors to the blog a very happy prosperous 2017. After a break of 4 weeks as i was travelling abroad a look ahead at our markets.
Markets dipped to break the low made at 7950 to bounce back again..A tentetive target of this rise will be around 8300-8350 above 8200. A retest of 8050-8100 is possible before more moves up.7950-8000 levels has to be held failure of which may lead the markets towards 7600 or below.cross of 8300 takes market to the levels of 8550-8600 zone.
quterly results may lead to volatality which should settle towards the month end for presentation of the budget. enjoy the trades and keep booking profits.cheers

WEEK 28 NOV TO 2 ND DEC.

Markets held its low 7916 ( NS) last week to move towards 8100 zone.resistence now is around 8150-8200 zone and supports at 8050 and 7950 below that.it will be a range bound market for some time so buy the dips and keep booking profits..long term buys should be done in your stocks in a SIP basisi..enjoy your trades..cheers

WEEK 21 ST TO 25 NOV.

Markets slumped to retest the panic  bottom made before at 8002 levels..small short coverings is followed by new round of selling as we keep making lower lows..reversal can come if we start making higher highs...do keep nipping into your favorite stocks on a SIP basis as when the trend reverses ,the ride up could be rewarding..Breach of lows followed by 2-3 days of stay below it could take this market deeper down for a full correction of the ride..8200 on nthe upside and 7800 on lower side in case 8000 is broken is to be watched for your trading purposes..enjoy the trades cheers..

WEEK 15TH TO 18 TH NOV

Markets tried to complete the correction of the upside done from 6800-9000 zone app.44 days of correction done ..A retest of the bottoms made at 8000 is under way.. so 2 possibilities either it will make a lower low to continue the trend or maybe make a higher low in range 8100-8300 to try to cross 8600 top(NS). The consolidation /correction is on..which on that panic bottom day gave opportunity to dig in some good stocks for trading and mid/long term investment..Keep booking profits and hold some for bigger gains ..enjoy your trades cheers

week 1st to 4 th nov.

Markets moved in the range 8500-8750 app. making a higher low at 8550. The range has to break for a quick 150-200 points otherwise we may have a constricted range this week.. Buy the dips and keep booking profits on rise. ..cheers

WEEK 24 OCT TO 28 OCT

Markets breached the 8550 zone to quickly reverse from the lows to cross this zone and move towards 8650-8750 zone.8500-8800 could be a trade zone ,cross of either side propels markets by 150-200 points quickly. Being the settlement week before diwali some amount of volatility can be expected ..trade accordingly and wait for good dips to get in for trading positions in your favorite stocks..cheers

WEEK 17TH TO 21 OCT

Markets held on to the 8550 around zone to try a small recovery.If we cross and stay over 8664(NS), we can head to wards targets of 8750-8800-8850. Breach of 8550 will give a sharp fall towards 8400-8350. A rise from 6800 zone to 9000 zone took about 125 days..and from 7900 zone to the top about 50 days..correction from there is around 24 days as yet..time wise and price wise it needs more time to consolidate it gains so keep trading and some monies for great value picking for the next run at the right time..enjoy your trades cheers.

WEEK 10 TO 14 OCT

Markets moved towards the lower end of the range and broke the 8750-8700 zone to recover around that zone. Truncated week with holidays wont give much away . below 8750 possibility of 150-200 points fall always remain and above it we head back towards 8900-8950 zone.Cues are lacking and markets correcting well in sideways mode into a time wise correction of this vertical rise....Caution is reqd. here a bit as break below 8550 takes us deep to 8150-8250 zone. keep trading and wait for good dips to get in.. enjoy your trades ..cheers

WEEK 26TH TO 30 SEPT

Markets still in range 8750-8900.. breakout /in will move markets quickly 150-200 points.wait for good dips to get in again , meanwhile keep booking your trading positions. As index is not doing much stock specific moves are coming so keep watch on then to buy at your levels..enjoy the trades cheers.

WEEK 19TH SEPT TO 23 RD SEPT.

Markets again corrected  after making a top around 9000 (NF) to head towards  levels of 8700 around. Supports lie at 8550-8600 and resistance at 8850-9000 in the coming days . Trade accordingly. cheers

WEEK 12 TH TO 16 SEPT

Markets moved quickly up from 8850 zone towards the 9000 zone where  the reaction came of profit booking.8750-8800 is a support zone below which we may head towards 8600 zone..Market when it crosses a high quickly moves 100-150 points so trade the lows to get in and take profit near or if cross the highs..enjoy your trades cheers.

WEEK 6TH SEPT TO 9 TH SEPT.

Markets moved well in  the range given last week to cross the high towards 8850 zone..what next???8700 is a good support now over 8500-8550 zone and cross of 8850 for a few days will propel markets towards the targets of 9000-9100 zone. profits should be booked  at these highs in your trading positions and a wait done for good dips to get in again..sudden dips can not be ruled out.cheers