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past short term calls follow-up/performance***(stocks to watch)

date,stock,reco price,high,% gain at high

***all analysis are based on self chart study only, actual trading gains may vary.
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    Monday, November 24, 2008

    outlook on mkt...

    finally the bounce that was awaited took place on last thursday and friday, and if indeed a short term bullish reversal is made near 2500 and if it is indeed a part of the wave C-4-(3), then it should form an earlier part of an uptrend from 2503 and a dip becomes a buying opportunity for a short term, to be exited at end of C-4-(3) where it is again to be shorted for C-5 to 2000 lvl.

    short term tgt 2710/2750/2785/2882 sl 2630.
    short to medium term tgt 3100/3250/3700 sl 2485.

    2 comments:

    renu said...

    Hello ab sir,
    another question what is classical reversal day.
    Regards

    abhay r somkuwar said...

    meet/all, pls go through this http://www.vfmdirect.com/info/bcharts.html, today's action somewhat like closing price reversal, needs confirmation by next down candle.

    regards.

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