Foer 19 Nov 2009

 

Y'day 5040 protected well....so no big down there......
For Thursday in nifty didn't cross 5074..then its time to go short as positional..with sl 5090/5120....if nifty didn't cross 5072 and traded below 5044 then possibility of going down to 4996....if today close below 5020 then its a sign of BEARS taking control with force.....and if today close close 5074++ then upside open for crossing 5182...
For Thursday I suggest...
Range--5020...5044---5044....5074---5074....???
BIAS--negative
Strategy-- short near 5070/5045...sl..5090/5074

For 18 Nov 2009

 

Y'day was great day......from the beginning nifty trade below my point 5067...and below 5043 ...you have seen the result....and alert given in @ 2.45 pm.....given almost 30 points upward in nifty.....
So what to expect on Wednesday...??.....DOJI formed y'day will creat its impact...?? I expect same story again today as of y'day.....levels are little different....nifty has resistance @ 5090/5120...again today it has to trade 5060+++ entire day.....if trades below this level then time to go short...sl 5090...if traded below 5040 decisively then nifty might break y'day's low....now suppose not breaks y'day's high and trade below 5060 for first hour then....????...CUES will get on http://athshree.freeshoutbox.net/ ...

For 17 Nov 2009

 

Y'day nifty closed above 5035....I am expecting this rally to end in this area...(30/40 points + -)...5182 is major resistance...
and before that 5120 is important ....
For Tuesday....watch nifty @ 5090/5117...see if there some weakness/profit taking happens or not....I suggest...if not taking short position ....ok...but dont go long....
On Tuesday nifty has to trade above 5067 entire day for continuing this rally with strong momentum.....and if trading below 5043 then it is sign of weakness in broader sense...and if close below 5043 then exit all earlier positional long if any..
For Tuesday I suggest..
RANGE--5043....5067----5067....5090----5090...5120
BIAS---negative
STRATEGY--go short near 5090/5120....sl...5120...5145