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    Tuesday, September 29, 2009

    mkt ahead 29 sep 2009...

    another back to back long weekend is over and we are starting afresh to trading the mkts.

    european and american mkts closed in the green and asia-pacific mkts also are trading with gains.

    nifty short term trend is still up(since 4630) despite small correction last week, short term players can keep a cl sl at 4900. while intermediate longs and medium to intermediate term investors can raise their cl tsl to 4750.

    we are in a new series and hopefully nifty might make a new high, tgts given earlier. on any weakness tsl should be followed for protecting the profits.

    thanks for participating in the poll, do keep voting as the dow poll is open for another 14 days.

    Posted by abhay r somkuwar at 6:27 AM

    2 comments:

    SATYAM said...

    Sir,
    I am a ardent follower of your blog and it's wonderful posts. As there are very few of those who appreciate Elliot and properly can incorporate it, I feel your chart are clear in views and trade oriented. thank you for your effort to help guys like us, Sir I am also a learner and a day trader for few years and in this market, and working on Elliot and it's Fibonacci implications. Hence will request you to look at my blogs as I am trying to jot down my studies every day as a daily analysis. Will be looking forward to your expert feedback Sir. Thank you so much. My blog address is

    www.niftydemystified.blogspot.com

    October 5, 2009 at 2:09 AM
    abhay r somkuwar said...

    satyamji many thanks for ur kind words and appreciation on ew posts, wishing u all the best in earning and learning in mkt. iam also a follower of the mkt, congrats on ur blog and ew studies i had a look at ur blog will post a comment there.

    October 6, 2009 at 8:04 AM

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