Nifty trend

19/JAN/2010
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HI FRIENDS... GOOD EVENING ALL OF YOU

YOU CAN SHARE YOUR VIEWS ON NIFTY AND OTHER INDEX'S

OK I AM SHARING MY VIEWS ON NIFTY
NIFTY TODAY CLOSED NEAR 5225 .... BEARS TRIGGERED NEAR 5205 LEVEL..

YOU CAN INITIATE FRESH SHORT IN NIFTY ...
YOU CAN USE YOUR OWN MONEY MANAGEMENT (USE 2% RULE) WITH A SL = 5305
ANYWAY FINE...

ATTACHING CHART

[IMG=http://img145.imageshack.us/img145/5499/niftyjan19.png][/IMG]

5280the turning point
Since its fall from 5310-5180, Nifty has not been able to surpass 5280, which is its 78.6% retracement level...

This is Nifty chart of last 3 months or so.I think today
Nifty closed below 5226.As per the chart ,personally
I feel Nifty will go down a bit.

DATE 20/JAN/2010
HAI ALL....

MY VIEWS ON MIDCAP INDEX
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BEARS TRIGGERED IN MIDCAP AND NIFTY JUNIOR CHART

ATTACHING MIDCAP INDEX CHART

[IMG=http://img207.imageshack.us/img207/7071/nsemidcap20jan.png][/IMG]

21/jan/2010
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hi friends....
Nifty is moving in our direction.....

( those who are new in trading... If you want to survive then .... Please study 2% rule of money management by alexander elder )

anyway good....
Bear rally is on ...... Just sit and enjoy .....

So i gave you the entry point... Sl i gave ....position sizing i use 2% rule .....

Those who entered fresh shorts.... Just sit calm... U can see further downside....
I will guide you in exit also...

DATE 22/JAN/2010
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HAI ALL GOOD EVENING...
MARKET IS MOVING IN OUR DIRECTION...
OKFINE.....

5225 TO 5035 = ALMOST 200 POINTS
I EXPECT SOME THANKS :clapping: OK LEAVE IT

THOSE WHO ENTERED FRESH SHORTS..PLEASE DONT BOOK PROFITS.... I AGAIN AND AGAIN I WILL GUIDE YOU IN EXIT :annoyed:

great call.............:thumb:

With Reliance ,LT ,SBI ,Tatasteel,ICICIbank and Infosys ,occupying
first six positions as TOP traded counters ,we can expect some
bounce- back.

I expect a bounce on monday too

jan 23 2010
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some bounce back wont affect much... Let it be ...