Sensex at 8800 within 2007

[uasish]

Plz revise the SL :
Guj Alkali = 112.00;
SRF = 111.25 ;
Chennai Petro = 180.80 ;

 

[uasish]

Hi,
So Nifty bounced back,but 3755 has to be crossed & closed to bring back Buying ,entire day Fut was at good discount,let us see EOD to prepeare for to-morrow.

Asish

 

[winstonn]

Hi,
Weekly trend is down.
Daily trend is down, would hunt tommorow for shorting oppor. Odds would favour me.

For initiating longs, it would be wise to wait for daily trend turning up if u r swing trader.

Regards,
Winston

 

[kkeyan]

Ya what today happened was a pull back rally and i expected to happen, but the overall trend is down. If any wrong seniors, please correct me.

Thanks,
Karthik

 

[uasish]

Hi,
Observations:
1)Sensex covered its Gap 12832.70 Low of 29th covered yesterday H= 12835.36.
2)Nifty Fut ,Wkly,low trendline is breached but closed above ,for to-day has to close above 3733 to stay bullish.


3701 is crucial , below 3689 & 3684.80 i will short with 3706 SL,close below 3733 will
set bearishness. Low trendline support = 3601 (i will cover all shorts & wait)




Asish

 

[uasish]

INFY
......................
Has formed an island ,may rise to-day.Level's
2001 / 2038 / 2136
1990 (Strng Supp)/ 1938 / 1899 (this may not reach)

Asish

 

[uasish]

We bought SRF at 116.70 now 120.30 (relief),Guj Alkali yet to come out of woods,same for Chennai Petro.

 

[uasish]

Hi,
To-day Nifty Fut may fall in 1st Hr,decider level 3708.25,crucial supp at 3677.55 & 3654.40
upside resis= 3729 to 3736 but most imp = it has to close > 3691.55 .Bulls will start
worrying from 3638 & trendline supp of 3603 if broken,chances extremly feeble.

Asish

 

[uasish]

Expect Action in Moser Baer , BSEL Infra & Bharti in coming days

 

[uasish]

Major Nifty Stocks (-)ve bias ,but i will wait & will not Short initially.