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    Saturday, November 29, 2008

    nifty chart: resistances and supports zone...

    Posted by abhay r somkuwar at 12:38 PM 0 comments

    Friday, November 28, 2008

    supports/resistances...

    nifty spot supp 2732/2716/2680, resis 2770/2790.
    reliance spot below 1130 tgt 1122/1110/1087 sl 1150.

    Posted by abhay r somkuwar at 8:19 AM 0 comments

    Wednesday, November 26, 2008

    nifty near supports...

    previously given lvl of 2630 acted as strong support for nifty for the last two days.

    now if 2612/2570 is held, then the short term uptrend may continue going forward.

    Posted by abhay r somkuwar at 8:51 AM 0 comments

    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.

    Posted by abhay r somkuwar at 7:46 AM 2 comments

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