Monday, March 30, 2009

AT LAST TANKING....

We are still holding our short which we entered on friday @ 3090. Out Short sl 3147 was not hit on friday. Now our TSL is 3060.

We expect buying near 2910-2920 . Close your short near that zone & enter long with sl 2910.

Till market closes below 3850, this fall can be termed as consolidation. Below that back to square one.

We would like to remind that last week we could not cross 3150 for the Nth time, so market should close above that for real strength. JAI HOOOOO.......

Thursday, March 26, 2009

BULLS ON THE RUN.....

As we revealed (We don't predict), market ia blasting like any thing. They are over-bought. Drevivative closing is now in the back burner. Expect amrket to tank tomorrow. Keep a sl of 3147 or first 15 mins high. Close your shorts intraday or EOD. Do not hold long..... Tomorrow will be a red candle.



If market closes above 3089, good bull week ahead. Market should not close below 2960 tomorrow. Jai Hooooo.......

Tuesday, March 24, 2009

BOUND TO FALL.....

Market is over-bought on daily chart. It is bount to fall. Expect market to fall to 2845-2868. Buy with a sl of 2830. For this uptrend to continue, Market should not close below 2845.

Market should close above 3061 this week for excellent bull week. Jai HOOOOO........

Monday, March 23, 2009

EXPLOSIVE MOVE ......


Finaly explosive move & our target 2897 got thrashed. As the move was furious, we are not holdng any longs on closing basis as the sl will be very high. But had a good intraday trades.
Now next target for this rally is 2997 with slight pause as market is over-bought on intra day chart.
Tomorrow buy on decline upto 2891 with sl of 2862 for a target of 2969.

Thursday, March 19, 2009

NOTHING MUCH TO COMMENT.....

Market finding it dizzy at higher levels. From here we might move eitherway. We are with no position in NF.

Watch, close below 2752 for first sign of weakness. But wait to short. Close above 2820 go for positional long. Be patient.....

Please don't forget to board the bull train(relief rally inside a bear phase) which is due in very near term. We are expecting a explosive move soon.........Jai HOOOOOOOO.......

Wednesday, March 18, 2009

FACES RESISTANCES.....

As expected market faced resistence @ 2820 region, but could not close above it due to profit booking.

We do not have any position in market now. Wait & Watch.

If 2752 is not broken on downside, we are expecting a good (explosive???) rally upto our first target of 2897. If 2752 is broken wait for amarket to close above 2820 for long postion or close below 2677 for short position. JAI HOO...........

Tuesday, March 17, 2009

UNDERTONE IS BULLISH.....

Market behaved as expected. Thanks to almighty & my guru. Market will find it difficult to cross 2810-2820 region. If closes above 2820 & 2684 is not broken then our first target for nifty 2897.

Tomorrow expect market to move towards 2820 levels & will face resistance. Book ur longs there wait for closing hours. If closes above 2820, go for positional long for which sl will be discussed latter.

Positional shorts can be run only when market closes below 2684. JAI HOOOOO....

Monday, March 16, 2009

NERVOUS AREA....

Market near nervous area. On a intraday basis, close your long near 2820-2830 zone. Enter short position with sl of 2841. If sl hits & market closes above 2830, intiate fresh positional long with target of 2875-2890.

If market fails to cross 2792 in first half an hour, it is sign of weakness. Short nifty with sl of 2808. Close your shorts at EOD. Jai Hoo.........

Thursday, March 5, 2009

HOLD UR SHORTS

Hold ur shorts with SL of 2712. Market looks oversold, expect market to move upward tomorrow & will close in green. If you want a intraday trade, close ur short on open & short it EOD. JAI HOOOOOOOOOOO.

Wednesday, March 4, 2009

HIGHLY VOLATILE

Expect market to move up initially, but will not be able to sustain as it will find dizzy at higher level. Sl for short 2739. If market closes below 2612, expect market to go below previous near term low (2253). My target will be around 1900. Jai HOOOOOOOOOOOOO..........

Tuesday, March 3, 2009

EXPECT A BOUNCE....

Expect a bounce tomorrow. our sl for short is 2765 & 2689(closing basis). If market closes in green & below 2689, no need to close ur short, still downside left. Let us try to identify the bottom meanwhile. JAI HOOOOO.

Monday, March 2, 2009

HOLD UR SHORTS...........


Revised stop loss for our short is 2767. More downside left, Enjoy. Expect a Gap down tomorrow. Let us not predict the downside target, which few do. It is not a easy joke. Even few are predicting market recovering tomorrow & a target of 2915. Let us go by our trend........... SHORT...............JAI HOOOOOOOOOOO