For 27 Nov 2009

comments are on charts.....I expect 4730 in this fall....let's see

For 20 Nov 2009

Y'day was one of the gretest day....see exactly happened what I said before opening market....didn't cross 5072....below 5044....tgt 4996 done.....those who followed might have earned huuuuuge...!!!!.... to go short @ 5045 was told before opening market....!!!! and so many calls on http://athshree.freeshoutbox.net/ that is anothe big story....
So what next...?? on Friday watch nifty @ 4954....if protected then not much downside at lest for today.....if 4935 breaks and close below this then next week will be major 'RED' only....bounce is possible @ 4919...if not sustains here ..then 4890/4865.....lets see....resistance @ 4996/ 5014....
For Friday I suggest...
RANGE---4920....4954----4954....4961----4961....4996
BIAS--- Negative
Strategy--- keep shorts open with sl 4996 on closing basis....fresh short near 4965/4995

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

For 13 Nov 2009

 

Yesterday happened the same....nifty didn't crossed 5016....and see my third tgt mentioned in pre opening letter missed by just 6 points( my sell call in NF given on http://www.freeshoutbox.net/athshree hit third tgt well)...as my tgt for spot was 4918....it hits 4924.75....
So what next..?? For Friday 4915 is crucial on lower side....and 4980 on higher side...
I suggest for Friday..
RANGE--4920....4965.....4965....4980.....4980....5005
BIAS-- NEGATIVE
STRATEGY-- SHORT NEAR 4970/4980 WITH SL 5005

For 12 Nov 2009

 

Nifty might be in last destination of this counter rally. I think 5035 and 5065 level is important to watch.....profit booking will take place in this area....
Thursday...nifty if not crossed 5016 and trade below 4986 then expect 4972/4948/4918....sl for short 5035
On thursday go short as positional with sl 5035 on closing basis....

For 05 Nov 2009

 

What happen y'day was nothing more than dead cat bounce.....but to what extent this counter rally should go..?? only y'days candle formation is positive or say hopeful sign for BULLS...other indicators are still negative...BEARS modd will remain dominant in broader sense....but this bounce will show nifty 4850..??? some signs must show diversions for that....
For wednesday I think....trading above y'days high--4717-- required.....and then again 4724 has to cross ..then we might see 4765....but that is stroing resistance.....and if not cross 4717 and remains below 4695...then 4660/4615....or more in deep we can see 4538 again too......lets see.....

For 03 Nov 2009

 

Selling srill on...as alert given at mid session on my 'Quote-nQoote' box saying that if bounce not sustain then we might see 4680..it touched 4687......and bounced well....
now 4680is very crucial point...If bulls have to show thier existance then no way to come with action in this area...deep below 4590/4560 levels to be watched....on upper side 4765 is crucial resistance...if crossed then 4800
For Tuesday I suggest
BIAS---POSITIVE
RANGE---4680...4715...4715...4765...4765...4815
STRATEGY---Long with sl 4680