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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, October 26, 2009

    mkt ahead...

    nifty closed at 4997.05 slightly below 5000 lvl but above the support tline. staying above closing 5054 will be better as the trendline from march low gets broken below that. however as pointed out earlier 4900 is a strong support for maintaining the short to medium term uptrend and should not be broken else further bearishness will come upto 4740/4790. my ew tgt 5142 already done. other technical tgts are 5250/5300/5388/5545 which nifty will try to achieve if the major supports on nifty chart are held in the medium to intermediate term. however in the near term nifty looks rangebound in 4900-5100 and a small bounce from 4945 lvl is quite possible.

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