Markets have been correcting now last week again and trying to hold the 10800-10900 zone..any break here will take us to 10,600 zone from where the big move upward started..11150 will be a resistance over which we head towards the 11300-400 zone..do dip into some quality stocks here but keep posting your trading profits on any rise..enjoy the trades cheers
power house for nifty technicals and stock market fundamentals with charts and technicals.
Saturday, September 29, 2018
Saturday, September 22, 2018
WEEK 24 TO 28 TH SEPT.
Markets rose to disappoint and broke the lows to head towards 11200-10800 zone on news etc this time..friday blues shook all but also gave an opportunity to buy into some select stocks..Markets are in correction mode and all rises may be sold in..11300-11250 now will be a resistance over which we may head towards 11450 zone..any break of lows made on friday has to be watched carefully as another deeper push can propel us towards 10600 + zone..higher lows if maintained can help markets climb back over the next few weeks ..keep booking profits cheers
Saturday, September 15, 2018
WEEK 17 TO 21 SEPT
Markets corrected towards the support zone of 11400 to first break for a downward journey and then do a bounce back from the oversold positions...11650 will be a resistance zone cross of which can propel markets over the recent highs towards 11900-12000..break down again below that level will retest the lows made at 11300 or go below..trade accordingly and keep booking profits..cheers
Sunday, September 9, 2018
WEEK 10 TO 14 SEPT
Markets moved in the last few weeks to targets projected at 11500 and above and has done a mild correction from 11800 zone to 11400 zones and then a rebound..as the threshold of 11200 has been passed decesively that will now be a strong support breach of which will start a deeper correction towards 10500-700 zone..resistances remain at 11800-12000 zone so care should be taken at these levels..trade accordingly cheers
Saturday, July 28, 2018
WEEK 30 THY JULY TO 3RD AUG
Markets breached 11100 to rush to 11300 levels..supports now lie at 11250 below which is 11100..resistance lies at 11350 around ,above which is 11500..trade accordingly..direction has been up from last 4 weeks..enjoy the ride cheers
Saturday, July 21, 2018
WEEK 23RD TO 27 TH JULY
Markets still oscillating between 11050 -10950..a breakout/in of 150-200 points is due..a break out may lead to new highs towards 11400-500 and a break down can take markets to supports below 10900 of 10700-10750..trade accordingly..cheers
Sunday, July 15, 2018
WEEK 16th TO 29 JULY
Markets broke the range above 10900 after making a high of 10700 above 10600..towards the target zone of 11050-11100..colse above 11100 for a few days can propel the markets to new highs in range of 11350-11500..supports now lie 10900 below which is 10600-10700..select large cap stocks giving propulsion to the markets trade and move out..again wait for good dips to get in again abd book your trading profits ..cheers
Saturday, July 7, 2018
Week 9th to 13 july
Markets again turned around 10600 zone to make the climb up towards the 10900 zone..selective bleeding in mid caps going on and they not just moving yet..select stocks giving trading runs every week ..so near to 10900 again may be resisitance and if crossed then a run of 150- 200 points.. supports below 10700 will again be 10600..keep booking trading profits in this range cheers
Saturday, June 30, 2018
WEEK 2ND TO 6TH JULY
Markets made a high towards 10900 to dip again towards the 10600 and below zone to restart journey above it..The range is still same 10,900-10600 which can narrow over time a make a break either way..of 150-250 points..its almost a small range market so keep buying and trading the dips..cheers
Saturday, June 9, 2018
WEEK 11TH TO 15 TH JUNE
Markets corrected to below 10600 towards 10500 and then surged towards 10,900 ..this level is turning to be tricky to cross so we may again expect a break towards 10600/500 levels if we do not cross this levels of 10900-10950..book profits towards that zone and buy on dips slowly towards the 10500 zones cheers..
Taking a break for next 2 weeks so see you guys at month end here..
Taking a break for next 2 weeks so see you guys at month end here..
Saturday, June 2, 2018
WEEK 4TH TO 8 TH JUNE
Markets moved up to touch the upper range of 10,700 and corrected towards the 10500 zone to restart a journey up towards the settlement..still 10,650 below which 10500 and over 10,750 app.10900 around could be a movement next week.wait for good dips to get in trading positions but keep booking your profits..cheers
Monday, May 28, 2018
WEEK 28 TH MAY TO 1 ST JUNE
Markets did start correcting and moving downwards below 10,500 and then 10,400 around to start a bounce back again.resistance now lies around 10,700 zone and support around 10,500.. keep booking your trading profits..enjoy the trades cheers
Saturday, May 19, 2018
WEEK 21ST TO 25TH MAY
Markets moved up on the event to almost near 10,950 and started correcting immedietly..10550 to 10500 is app. support zone for bounce back and breach of last weeks low will take markets to range 10,150-10400..buy the good dips and keep trading your profits ..cheers
Monday, May 14, 2018
WEEK 14 TH TO 18TH MAY
Markets moved up with towards the target zone of app.10,900 with small dips as it went up in the last 2 weeks..a cross of 10,950 and stay over it for a few days will signal a move over the last high made..stalling at this zone may trigger another round of correction to retest the bottoms made.the zone of 10,550 to 750 is a support zone below which a deeper correction can come..11300-400 could be a taregt once highs cross..wait for good dips to get in again and do book your profits always..cheers
Saturday, April 21, 2018
WEEK 23RD TO 27 TH APL
Markets did dip towards the zone of 10,400 intraday to rise towards the tentative targets of 10650-700. so whats been happening here is mainly...the top around 11200 dip to 9950 and now a retracement for the fall...the area of retracement is 10,600-10,900 from anywhere between this area the markets can dip to test of break the recent lows made...crossing and staying above 10,900 for a few days with take market s to 11400-11500 zone. keep booking your trading profits and wait for deeper dips to get in again. cheers
Subscribe to:
Posts (Atom)