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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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    Wednesday, August 26, 2009

    exit closing lvls for nifty...

    nifty is in uptrend so pls be with the trend, looks headed toward 4700 or previous top 4731.

    exit only when,
    weekly closes below 4350.
    daily closes below 4465.

    intraday ew chart suggests still in intraday uptrend with momentum falling so caution advised for longs as price moves up towards tgt will start getting weak below 4580.

    (posted today morning 09:30 am)

    ====================================


    (update afternoon 02:00 pm)

    intraday currently looks like 5-iv under progress and last wave 5-v remains.

    after that profit booking may come, and initially gets intraday bearish if comes below 4532 and stays then can become weak and come down upto 4580.

    below which its into correction mode to 4500.

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