For 30 Oct 2009

 

As said y'day 4730 protected well.....and those who followed me taking long near 4730 might have gained.....y'day I projected levels 4730...4780.....4780...4825....see y'day's nifty behaviour was same....hits 4818 and there was big fall at the end......
For Friday i have already mentioned y'day resistance wall @ 4865/4874/4883....more precisely....take it as 4862...4897...
If 4814 crossed well then 4830...and 4862 on cards..
if today close above 4830 then this counter rally may show nifty @ 4920...
For friday I suggest..
BIAS---POSITIVE
RANGE---4730...4785...4814...4830...4862
STRATEGY...LONG @ OPENING WITH SL 4814/4785
(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...)

For 29 0ct 2009

 

Seen magic of 4785????....those who followed me should have earned huge y'day...as I said in my y'days pre opening letter 4785 proved important.....and see tgt done exactly..high was 4867....
For thursday I suggest again 4780 is crucial.....then 4730/4715...deep down 4680 might prove totally trend decider.....keep in mind expiry day..nifty might break 4780...on Friday....4865/4874/4883...this area is resistance wall....
BIAS----mixed
RANGE---4730...4780...4780....4825...4825...4865
STRATEGY----long near 4730.....short near 4860
(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...)

Updated for 28 Oct 2009

 

We have to see whether this correction is for entire move from 2930 to 5180..or from 3600 to 5180.. or 3900 to 5180..or 4750 to 5180..
I think 4805/4800 will act as support..and 4785 is important....more downwards @ /around 4730...one can think think here again about strategy as investement as well as positional trading....
For wednesday I suggest long with sl 4785....tgt...4845/4865/4895

For 28 Oct 2009

 

As alert was given on last Friday on my Quote..nQuote box(http://athshree.freeshoutbox.net/),he, who followed it would have got nice returns.....@ 5035 level i said what is going is not well....and on same day I said 'next week 4840'...see what happened...
Y'day ...i given levels 4920...4965......upto RBI policy announcement levels were maintained....see nf high 4964..(wow)....as 4920 breaks it was straight to 4890 and then at last it came to my tgt 4840...
Now what..??? I expect some bounce....will update

For 27 Oct 2009

 

Y'day again 4960 protected...now nifty at crucial stage......today 4920 and 4890 are levels to watch...
For Tuesday I suggest...
BIAS---POSITIVE
RANGE---4920...4965....4965...4995
ENTRY---4920...4965...
STRATEGY--- Long with sl 4920/4890...
If 4920/4890 protected in this current correction then..????
(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...)

For 23 Oct 2009

 

As said y'day nifty spot level 5020 was maintained well....as said it went to 5065....as 5020 breaks you have seen the result....but 4935 was protected ....and as said on 'Quote-N-Quote' box..4995 was close(after average it is 4988)....
If nifty close 5095++ today then????....or if we close below 4995 today then???
For Friday I suggest...
BIAS --positive
RANGE--4995...5020...5020...5065...5065...5095
ENTRY LEVEL...5020...5065
strategy...LONG
(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...)

For 22 Oct 2009

Yesterday sell of in last hour of trading broken important level of 5080....but managed to close 5060++....we have to see whether this is just 'Two Day Correction Phenomenon' or anything else...
For clear picture we have to wait little....but levels are far away for day traders...so for day traders 5020 is important.....close below this level will encourage Bears to be more aggressive....and if 5020 protected then Bulls will act very strongly....
For positional....5020 and then 4935 and finally 4920/4900 is very very crucial...
if those levels are protected then there are chances to break 5180....let's see..
For TRhursday I sugest..
BIAS---positive
RANGE---5020...5045...5045...5065...5065...5105
STRATEGY---long....sl for intra long 5020.....and for positional closing below 5020
(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...)

For 21 Oct 2009

Buy call given in nifty future last week with positional tgt of 5180 on tuesday......spot done it ...nf discount increased so high was 5168...
Now y'days low is important....then 5060..and 5020 is crucial for Bulls
For Wednseday I suggest..
BIAS---POSITIVE
RANGE---5100...5135...5135...5155
ENTRY LEVEL---5100.....5135
STRATEGY...
1) Buy nifty @ 5100 sl 5080....tgt 5135/higher..
2) Buy nifty @ 5080 sl 5060....tgt 5135/higher..
3) Sell nifty@ 5155 sl 5180....tgt 5100/lower
(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...)

HAPPY DIWAL

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For 16 Oct 2009

So positional tgt given on last friday done ....5070 protected y'day....aqgain I say 5085 imp and then 5065....last hope for bulls 5050...if last level voilated then there might be break for current upmove though break out happened...
For Friday I suggest...
BIAS---positive
RANGE--- 5085...5105....5105....5120.....5120.....5152
ENTRY LEVEL---5085...5120
STRATEGY---
1)Go long in nifty @ 5085/90... sl 5065...tgt5105
2)Go long in nifty @ 5120...... sl 5105...tgt 5152
3)Go short in nifty @ 5152......sl 5180...tgt 5120/5105/lower
(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...)

For 15 Oct 2009

As said in last week NIFTY is now heading towards 5140/5180. Read what I said about NIFTY (http://stockmarketdotcom.blogspot.com/2009/10/for-5-oct-2009.html#links), range and uptrend and see the market behaviour. Since 1st Oct I am saying major upmove is intact.
For Thursday I suggest..
BIAS--- positive
RANGE---5070...5110...5110...5140...5140...5180
ENTRY LEVEL....5110....5140
STRATEGY.....
1)Go long in NIFTY @ 5110...sl 5070....
2)Go long in NIFTY @ 5140...sl 5110...
3)short NIFTY @ ????...sl ????
(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...)

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...)

12 oct 2009

As said 4935 protected on closing basis on friday...but weekly close is not positive ... trendline from 3900 low in Aug has been broken...I said 4840 first or 5240???...if 4935 protected and decesively crossed 5005 in current week then last weeks action we might label as consolidation....and if 4900, a psychological level is not protected be ready for 4840 first...
For Monday i suggest..
BIAS--- POSITIVE...
RANGE--4920...4960....4980....5003
ENTRY LEVEL 4920/30......4980
1) Go long in nifty @ 4930/4920...sl 4900....tgt 4960/5005

For 09 Oct 2009

Nifty not breaking this weeks high at the same time not violating current week's low...now question is 4840 first or 5240 first...today's session is important..NIFTY has to cross 5055.. at least nifty has to trade firm above 5030...and has to protect 4970....at the lowest point 4935 is very important...if it didn't cross 5055 and trade below 5010 then that is not good signal in broader sense...(in sense of next week)
For friday I suggest...
BIAS--- positive
RANGE---4970...5055 -- 5060...5090 -- 5090...5140
ENTRY LEVEL...4970/5010 -- 5055/5090
STRATEGY---
1)buy nifty near 5005/5010 with sl 4980 for tgt 5025/5055
2)buy nifty near 4985/4990....sl 4970...tgt 5010/5025/5055
3)short nifty near 5055/5060..sl 5080..tgt 5025/5010/lower
4)buy nifty near 5080..sl 5055..tgt..5110/5140 (chances remote)

For 8 Oct 2009

For 7 Oct 2009

HAHAHA...y'day those who followed me on http://athshree.freeshoutbox.net/ must have memorable day.... why strong buy call was given @ 4920(nf with sl 4905 sl as positional)?? got the answer?? see the chart above..
For Wedneesday I suggest
BIAS---- positive
RANGE--- 5016...5090 AND 5110...5140
ENTRY LEVEL...at opening
STRATEGY---
1)If nifty opens near5045 wait little and see if comes down to 5030 enter long here sl....5016 tgt...5055/5090
2)If nifty opens 5060 go long with sl 5030
3)If nifty crosses 5090 go long for tgt 5115/5140..sl 5060
4)Dont short today....

For 6 oct 2009

So levels worked on Monday well...
Now I think not entirely but more than 50% loss of y'day will get covered...
for Tuesday I suggest....
BIAS---positive
RANGE---4990....5055
ENTRY LEVEL---4990/5015...5055/5080

STRATEGY.....
1) If nifty opens near 5015/4995...go long with sl 4990/4965...tgt 5055/5090
2) If nifty opens near 5020... go long with sl 4995...tgt...5055/5090
3) If nifty touches 5055....go short with sl 5075
4) If weakness not seen near 5055 wait for 5075 to short with sl 5090
5) If 5090 maintains well new high expected fast crossing 5110....dont short there

For 5 oct 2009

In broader sense yes correction is due...fundamentally and as per price revies....but when? only market knows.....
But why so hurry? If played with proper sl then no problem...I still feel that there is some upside left...of course with '2 days correction' phenomenon.
For Monday i suggest...
BIAS--- positive
RANGE---5016...5095
ENTRY LEVEL...near those levels only or break out/break down
strategy----
1) If nifty opens near 5040.. go long with sl 5016..tgt 5090
2) If nifty opens near 4990/4995 go long with sl 4965
3) If nifty opens near 5085.. go short with sl 5096..tgt 5040/5016
4) If nifty opens flat near 5065/5060...sideways movement possible for first an hour.
5) If nifty closes below 5016 carry shorts...
6) If nifty closes 5095++ carry longs


Trin.....



TRIN is at important level ...see if either side breaks....but presently bullish suggession...even breaks upward, channel line support for nifty is not far away..so downside protected ...this is my opinion until 5016 holds......
(NOTE--- TRIN is not that much reliable tool for clear cut signal.)

FOR POSITIONALS.....
1)If long then sl is 5016 closing basis
2)If short then sl is 5095 on closing basis
3)Expect range of 4965/5016 to 5140/5180 for 2/3 session with keeping in mind above levels

(All levels are spot...for sl as well as entry wait for trading that level for 5/10 minutes and decide wisely)
(disclosure....I am long in individual scrip..)

Nifty 5130 and then 5450???

see chart......

Hallo...I am back.....

Hallo,
I am back as I said. Now with fresh looks and new approach. So many things I want to apply which I was experimenting in last three months. As per my experience what I have gone through I am benefited.....now this benifite will be providing for you with my new vision.
Let's start with optimistic way.....and prepare for more success.....!
Thanks for those who again motivated me and always encouraged me for my own thoughts to follow and apply.....Those my friends are part of my success....really....
Thanks all of you...!