For 09 April 2009

As said support @ 3145.....it turned @ 3149....and i had given resistance @ 3285 and 3305.....but both levels crossed very easily by nifty......

Since march series we are getting one clue ...falls are getting smaller and rallies are bigger......yet to confirm this trend ..but does it suggest something positive really..????

Everybody in hurry to catch the running bus thats why buying happening or......something really has changed.....well...we have to wait for some time to get answer of all these question....

now we have to cross 3420 decisively.....and on sensex 10950......

I think 3420 will be turning point ( + - 20 points.....).....so again short here..??? I say yes..but keeping in mind that we can streatch up to 3500 nifty and 11300 on sensex........but i will suggest 50 % short here with booking all longs today @ /around 3400/3420 level.....

As this will be the 5th positive week in current rally.....we have to think of short ..of course positional will get much more....up to what ...???? well....that will be seen later....

for today resistance are 3380/3400/3420.....and suppport @ 3305/3285/3255

For 09 A pril 2009

For 08 April 2009

So as said on 2 April it was 3125+++......huge gap up..but as said you might have booked long...yes i was expecting 3280/3300..but left few points....And as i said on same day Monday was the day for shorting....!From the opening there was profit booking....And i expect all is over at least for this week..For positional.....I am with the tgt of 3050....even 2965 ..but chances are remote for this so i will book all shorts @ 3050...and again will go long 50 % there with sl 2965 on closing basis..For today...resistance is @ 3295/3305...and support is @ 3190/3175/3145/3105...Today if 3190 breaks then...?????......what if it opens below 3190 ..??