For 22 April 2009

Isaid,'I expect gap down ..below 3350 will touch 3305....will
try to protect 3305...if whole day it is protected again I expect
3380/3400.... at opening cover all shorts....go long with sl
3305....cover those longs @ 50% @ 3350..and remaining @ 3380
....go short there with sl 3420 as positional...suppose 3305 protects
and didnt rallied up to 3380 then cover long and think short
tommorrow...in one sentence if 3380 go short as positional...
if in between 3350-3380 dont take any position overnight..
I expect above (20 April) mentioned tgt in coming 3/4
sessions...today suoppport @ 3305/3270..resistance...@
3380/3420... if today and tommorw close is below 3370...
then next journey will be only in one direction...southwards....!'

Again it was well in prescribed manner!A t opening touch 3309....rallied
3376 as said 3380....turned there...back to 3325.....again rallied to 3380
and then 3414....came back to 3350...it was best day again...those who folled
my strategy might have earned at least 150 points in nifty.....

Today..as said channel broken on closing basis y'day...and new channel
developing and its t-line support 3275....if that breaks then it will be
easy to achieve my tgts...and for new upmove or sustainable rally nifty
has to cross 3415.. today support @ 3353/3305/3275....resistance
@ 3375/3415/3440.... today opening will be flat....if @ opening nifty
is 3353++ go long with 3353 sl.. tgt might be 3385/3415....if gap up
and near 3400 go short with 3420 as sl...for tgt 3353.. but if you are
positional while creating fresh short keep in mind that if todays close
is 3370++ then we will rally again towards 3440++...so trade wisely...
and if gap down and below 3353 wait for clear signal....

y'day..on my "QUOTE....nQUOTE" reliance call given 75 points -- both
way---nifty given 135 points--both way....good luck!