For 21 Oct 2010

As said on 18 Oct. 2010.....it kissed 6129.9 on 19 Oct and heavily profit booking happened there..and as expected 5965 level also seen yesterday.....
Now market is at crucial stage.....5960 important...break will take nifty spot towards 5930...that is last hope for Bulls for taking nifty spot towards 6130 again....if that also breaks then 5880/5760 on card....
So one may take a long call near 5960/5940 with sl 5930 on closing basis.....first tgt would be 6040....

For 18 Oct 2010

On friday as 6156 broken my tgt 6090 achieved without any hesitation...even intraday updated for tgt og 6045...it touched 6050 and closed at 6062....
Now for today...6045 very crucial...if this support breaks then nifty spot may see 5965 or 5925....
Current weekly close also important..if nifty close below 5930 then 5720 not far away....or even it closed below 6105 then we may see more correction and trend reversal.....
On upper side 6130 is important now ..only above this bulls will have upperhand for few sessions...

ALERT......yesterday 6200 pe OI were 66 lk at one stage in the morning 55lk....and now at the day bottom of the nifty spot50lk.....bulls are giving up slowly.......plz confirm

ALERT...........20 POINTS MORE.....FATAL DECIDER OF THE CURRENT TREND......TOWARDS 5630.......LETS SEE........

ALERT......nifty spot just 32 points away from panic selling point.....WATCH 6045..............CRUCIALLLLLLLLLLLLLLLLLLLLLLLLLLLL

As said nifty spot at 6090.....now 6045 on card...but ..WHAT IF NIFTY SPOT 6045 ALSO BREAKS AND CLOSE BELOW THAT.....A BIG QUESTION....BE PREPARED.........

For 15 Oct 2010

As said yesterday..it crossed 6260 and touched 6284...just missed 6300 mark...and then most of the time of the day it was trading near 6233.....at midsession it broken 6233 decisively and you have seen the effect...
Todat...nifty spot has to protect 6156 level.....then it might go towards 6220 again....if 6156 breaks then 6090 on card....above 6184 no problem for bulls...

For 14 Oct 2010

As said yesterday..first high was 6120 and came down to 6091 then bounced..at 6150 ..little pause but momentum was so strong that it crossed earlier high....As shown on chart there is resistance at cmp 6233 as well as negative diversion taking place..if nifty spot cross 6260 then 6300 or even 100 points more possible..else here it will take a turn....bigger or shorter that should be decided at 6030/5940 level.....

For 13 Oct 2010

Nifty spot had made a double bottom yesterday at 6058.2.....current falling channel is there on chart....middle line was broken..but in strong momentum channel breaking gives opportunity to initiate longs.....
This may take nifty spot towards 6120 initially...if 6120 breaks then might test 6152..RSI trend line resistance shows there so at 6150 level there will be pause/sideways/reverse....