It's 4 o'clock in the morning and was still waiting for my net connection to get back to normal. But it's still down. Sorry for the inconvenience. Hopefully will be able to post by tomorrow along with my performance report. (Posted from mobile devi...
Thursday, September 30, 2010
Wednesday, September 29, 2010
The reason behind my discussion on support levels on last post must have been clarified to all now. It was quite clearly discussed as the "very big" intra support pointing towards 6028-6000. Nifty made low @ 6003 before shooting up to 6060 at the later sessions. Both way move move following exact levels. Now again nifty showing some beautiful setups on the charts with very clear understanding of probable trading levels.Supports: 6015 in initial,...
Tuesday, September 28, 2010
Friday, September 24, 2010
Thursday, September 23, 2010
So after quite a run up Nifty somehow satisfied the bears, at least provided a sigh of relief. During this strong upmove I met and talk with some traders, while some of them are friends of mine. One thing is being proved time and again, there are very little room for traders to think emotionally. The entire run up from 5350 to 6050 (massive 700 pts) was proved to be much larger because the mass was not at all expecting this. Very sorry to say but...
Wednesday, September 22, 2010
Intraday level worked great for the day. Given 6045/50 and 5970 worked almost exactly the same way (high5046-low5971).Please go through the charts thoroughly, will get to know the points I tried to emphasize. Trend up still, no second thought. But 6050 proved to be a heavy zone for intra.Supports: 5970 remains the same. Below that 5950/35-5910/05. Later is the very strong support zone. Buy can emerge big time. At least for intra. Exact projection...
Tuesday, September 21, 2010
JUST A CLASSIC EXAMPLE OF TRENDLINES ON
THE PRICE CHART. KEEP IT SIMPLE RATHER MAKING
IT MORE COMPLICATED. ITS A CLEAR UPTREND GRADUALLY
INCREASING ITS SPEED EVERYDAY (TL INCLINATION). INTRA SUPPORT @ 5970-5935 (BUYING ZONE). MAIN SUPPORT 5850-5820. 6020 WAS DISCUSSED AS THE TARGET ON PREVIOUS FEW POSTS, AND WE ARE ON THE VERGE OF MEETING THAT.ABOVE THAT A
WHOLE NEW COUNT MAY EMERGE.A BREAK ABOVE 6045/50
WILL CONFIRM IT. SO FOR THE DAY RESISTANCE...
Thursday, September 16, 2010
SUPPORT FOR THE DAY LIES @ 5835 NF ON THE
CHANNEL BOUNDARY.
TREND STILL UP AND STRONG. BELOW 5835
INTRA MAY GET BIT WEAK AND TRY FOR 5810-5770,
WHICH ARE THE MOST IMPORTANT BUYING ZONE.
UPSIDE STILL INTACT UP TO 6010 ZONE.
INTERMEDIATE RESISTANCES 5910/20-59...
Tuesday, September 14, 2010
Any dip is buy. Positional targets are seem to be big, very big indeed. Support lies @ 5705-5670. A close below 5640 can only bring some weakness. Upside targets @ 5820. Above that 5860-80 initially with larger target intact @ 60...
Monday, September 13, 2010
Sunday, September 12, 2010
Intraday & Short Term Cash Calls are started. All the details and contacts are given in the link. Click HERE to know about the services provided. Below are the few CASH recommendations/calls given to the clients in recent days.
RJL: Rec @ 75..Holding (High made 85)
Ganesh Housing: Rec@205.. Booked @ 220
Ambuja: Rec @ 110.. Booked @ 128
Andhra Bk: Rec @ 135.. Booked @ 160
RIL: Rec @ 950.. Holding (cmp 957)
BPCL: Positional call given @ 490.. cmp (750)
Tisco: Rec @ 498.. holding (cmp 593)... and mor...
Wednesday, September 8, 2010
5640-5660 IS THE PROBABLE TARGET NOW, WHERE IT CAN WITNESS SOME
PROFIT BOOKING, OTHERWISE UPTREND IS LIVE AND KICKING, LEAVING NO
ROOMS FOR BEARS.SUPPORT PLACED @ 5530-5515/10 ZONE.
BUY ON DIPS AS THE PROBABLE TARGETS
5640-60 ARE YET TO CO...
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