WEEK 14TH TO 18 TH JAN

Markets are closing the range this week..it was 11000-10700 before now is 10950-10750 app..a breakout.in is expected very soon..over 11000 we may move quickly towards 11250-11300,below 10750 towards 10500-10550.. keep booking your profits and buy the good dips.. cheers

WEEK 7TH TO 11 TH JAN

Markets dipped from a level of app. 10950 to a level of 10350 in the last month post election results..It rose to cross 11000 by a whisker to post a high.from thereon its making a higher low as of now at about 10540..this is the level to watch for the break down and cross and close  above 11000 for a few days will propel markets to 11150-11250 zone..trade accordingly cheers

TRAVELLING

I am travelling from last 2 weeks and will be back around 6th jan..19 will start posting again after that..



Merry  Christmas and a very Happy prosperous   new year to all of you..

WEEK 26 TH NOV TO 30 NOV

Markets started the upwards trajectory towards the 10800 zone and started selling off from there..we reached the buffer zone of 10500 at close last week..which incidently was a truncated week..a halt here could take us back to retest recent tops and a breach of 10400 way below towards 10100-200 zone..trade your trading pofits and dip into stocks whichare not selling out much ..cheers

WEEK 19TH TO 23 NOV

Markets dipped a little below 10500 to resume upward movements towards the 10700-800 zone..its a slow move up but still up..cross and stay over 10800 for a few days can take markets to 11100 zone app.from where a good breakdown started..below 10800 it can correct again towards te 10500-600 buffer its made now..trade accordingly and be in stocks which have not been beaten much so on rise they move up faster..cheers.

WEEK 11 TH TO 16 NOV

Markets dipped a little to around 10500 zones only to make a move towards 10700-800 zones..deeper dip below last week will be towards 10300-400 zone and a cross of last weeks high will propel towards 10,800..watch a dip towards10,500 fr any buy and cross of highs do books your trading profits cheers

WEEK 5TH TO 9TH NOV

Markets in the diwali mode now..truncated trading WEEK AHEAD ..markets did make a low around 10000 levels to show a good pull back over 10300-400 levels helped by global cues and oversold positions being booked..10300-400 is a now a good support zone breach of which we can retest lows or below..10700-800 zone could be a target for this rise..keep booking your trading profits..cheers

HAPPY DIWALI TO ALL FRIENDS VISITING THIS BLOG..

WEEK 29 OCT TO 2 NOV

Markets again closed near the lows around 10040 in last week trading.. 9960 is a significant low made previously from where a bounce can be expected in case it is not breached..breach may take us to levels of 9600 or in case of panic blood bath towards 9100 levels...Buy strong stocks which have not collapsed and on first sign of weakness trade them..10300-10400 zone is a strong resistance zone above 10100 ..enjoy the trades and the festive season..cheers..

WEEK 22ND TO 26TH OCT

Markets moved in range 10600-10800 to fall back towards the lows made recently in a sudden jerk from the top..10100 below if the market goes then a further breakdown starts for 9600 around levels can be achieved..a stop around 10200 would try to retest and move above the recent top made towards 10800/11000 levels.trade accordingly as the markets are in a correction mode after multi months rise.....cheers.

WEEK 15 th TO 19 th OCT

Markets dipped to around 10200 zone to stall for a day or so and then a sharp rebound on friday..10600-800 could be a target after which maybe a retest of the bottoms made..keep booking your trading profits and hold on to some dips you bough for long term whose prices were attractive in this fall..enjoy the festivals..cheers

WEEK 8 TO 12 OCT

Markets rose a bit to fall through the 10500-600 barrier in the last week towards 10,200-300 zone..Markets may stall here for some rebound after a few days of consolidation..The cuts have been deep sudden as bears dont have to climb any hill..and the rebound also can be sudden.10600 to 10800 could be the resistance zone above which is 11000....do dip in small quantities in your favorite stocks which are strong and have not corrected much here ,and keep booking trading profits when available..enjoy the trades cheers..

WEEK OCT 1ST TO 5TH

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

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

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

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