Friday, October 30, 2009
Although market was not in the mentioned 4800 to 4866 zone as per my saying,neverthless it opened gap down recovered to good extent then again fall,exactly alike wedenesday market,that was my statement so if u apply the stretegy u can work out.also i mentioned do work on stocks than to work on nifty.& all the stocks except educomp triggered & achieved the goal which in turns begets a good reward to trend player.Idont know how many of u gave attention to mondays pick of crompton greaves(buy abv 349 for tgt of 354 -55.it rocks the marekt after that level zooooooomed to touch 380.no calls will remain void.all weekly pics did its excellence one or other day.hope u keep something in the mind next time).now,i m expecting some turn around above 4830 and majorbank stock,real estate,steel & communication sector will contribute in up movement.so accumulate bank nifty & good banking bet on SBI ABV 2230 WITH STOP AT 2213 WITH TGT OF 2250-60.ALSO BULLISH ON EDUCOMP ABV 827 WITH STOP AT 816 WITH TGT OF 838.Just for ur trading intelligence which side u work on HDIL.here i give u trend level.decide trend & work on it.its a future call/U can also work in cash according to it.(328 to 331 trend decider)down side blw trend level tgt is 322 upside abv trend level tgt will be 336-37.just work on stretegy might u earn both sides.last day of this week trading.so no overnight position as on monday market will remain close.happy weekend.
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