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Wednesday, October 14, 2009

For 14 Oct 2009



Again NIFTY 4935 protected and you have seen the result...on friday given positional buy call in NF hits 2nd tgt 5075 exactly..(critics see it)..my 3rd tgt is 5110...on Monday said after 4980 next 5005....you have seen it..now double top??....hmmm at present no comments...
For Wednseday I suggest..
BIAS--- positive
RANGE---5008...5030....5050....5110....5110....5140
ENTRY LEVEL...5050...5110
STRATEGY
1) Long @ 5050...sl 5030...tgt...??
2) Long @ 5030...sl 5010...tgt...??
3) Long @ 5010...sl 4980...tgt...??
4) short@ ????...sl ????...tgt...??
(NOTE---- Strategy doesn't mean trade.....but to think there for trade ...actual trade depends upon intraday updation......and if traded there what should be ideal sl?? it is shown as sl...)