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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, May 11, 2009

    nifty ahead...



    profit booking is coming near congestion brkout tgt zone 3662-3738 as well as imp fibo ret lvls 3734-3820 as shown on the nifty chart above. 3800 is a strong resis too since it offered very good support when nifty was falling. not surprising some mkt players and fiis turned small net sellers in cash and f&o on last friday taking some profits off the table. positional longs have a tsl on trendline and congestion brkout support near 3500 which is clearly seen on the chart.

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