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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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    Thursday, December 25, 2008

    lvls for 26 dec 2008...

    here's wishing all a merry christmas and happy new year 2009!

    nifty is in an intermediate uptrend, within which its a short term downtrend on lower volumes.

    support 2850/2730, resistance provided by falling trendline as shown in above chart.

    Wednesday, December 24, 2008

    nifty charts...

    eod chart.

    intraday chart with gaps.

    first trendline is broken closing basis, so its bearish upto second trendline and gap with upper one offering resistance to upmove.

    lvls on downside to watch out 2922/2900/2840.

    Monday, December 22, 2008

    still in uptrend...

    mkt is still in uptrend, longs can hold as long as lower trendline is held closing basis. positional shorting time yet to arrive. we are still in last part of C-4 wave upside may be upto 3134 etc so a good time to start booking profits in longs, after which C-5 downwave will begin which can go upto 2000 etc.

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