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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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    Saturday, January 8, 2011

    mkt ahead...10th jan 2010...

    a sharp profit booking in leading stocks and shorting in last few trading session saw nifty coming down below 5900.

    nifty is moving toward oversold lvls on daily charts. weekly bearish engulfing candle signifies further movement in direction and nature of next couple of candle/s.

    current resistance roughly 6020, short term support 5840. any durable bounce from 5800 lvls may see rangebound movement of nifty for a period of time(short term).

    quarterly result season will be starting from next week in which stock specific movement can be seen.

    Friday, January 7, 2011

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