positional longs yday were intact as nifty managed to close above our tsl 3589 spot.
tomorrow and monday being imp days and today being last trading day for the week, the mkt may become bit edgy hence one can either book these longs at higher lvls or keep holding with support 3530 with sl below 3496. a trader wanting to initiate fresh position should wait for a decisive brkout/brkdown(refer previous post) from wedge and/or congestion zone.
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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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Friday, May 15, 2009
mkt next...
Posted by
abhay r somkuwar
at
6:47 AM
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