some charts and graphs...

nifty intraday chart.



composites graph for the overall mkt(incl be and eq and some indices).

mkt ahead 22nd sept 2009...

short term positional longs tsl for today 4844 closing basis, intermediate term nifty tsl for cash portfolio/longs 4670 closing basis.

earlier given nifty tgts 4970/5300, had also suggested booking partial profits in longs above 4900 and rest to be carried with appropriate tsl.


stocks to watch medium term investment:

shipping stocks like abg and bharti, auto ancillaries like amtek, small it education related like aptech, smaller psu banks like andhrabank etc, they may see action with small corrections in between if mkt trend remains up or stable.

my sensex ew chart...

similar nifty ew analysis gives tgt of the upmove(with in between smaller corrections) upto 5142(say 5200).

that may happen during next month if the support tline is not broken on the downside.