MARKET REVERSED SHARPLY ON INTRADAY BASIS,CROSSED & CLOSED ABV 5050.FOR MANY DAYS I WAS WRITING ABT GOOD POSITIVE MARKET MOVE & ADVISED TO STICK WITH UR LONG & MARKET DIDNT DIAPPOINT U IN THAT TERM.FOR WEEK AHEAD MARKET CAN MOVE UPTO 5130 OR SOME WHAT MORE & MAY BE MORE VOLATILE AS EXPIRY WILL BE IN THIS WEEK.SO WORK WITH SOME CARE AS MAY BE SOME MORE LONG POSITON CAN BE WRITTEN OFF.5000 PUT IS SOMEWHAT ACTIVE.WEEK AHEAD,NIFTY MUST CROSS 5080 FOR FURTHER UPMOVE TO 5130/5200+.IF THIS LEVEL IS NOT CROSSED THEN MAY SEE 4900 TO 4800 LEVEL.SO WATCH THIS LEVEL CLOSELY(AS CHART ALSO SAYS THAT).HAPPY WEEK AHEAD. Monday, November 23, 2009
POST MARKET ANALYSIS 20/11/09
MARKET REVERSED SHARPLY ON INTRADAY BASIS,CROSSED & CLOSED ABV 5050.FOR MANY DAYS I WAS WRITING ABT GOOD POSITIVE MARKET MOVE & ADVISED TO STICK WITH UR LONG & MARKET DIDNT DIAPPOINT U IN THAT TERM.FOR WEEK AHEAD MARKET CAN MOVE UPTO 5130 OR SOME WHAT MORE & MAY BE MORE VOLATILE AS EXPIRY WILL BE IN THIS WEEK.SO WORK WITH SOME CARE AS MAY BE SOME MORE LONG POSITON CAN BE WRITTEN OFF.5000 PUT IS SOMEWHAT ACTIVE.WEEK AHEAD,NIFTY MUST CROSS 5080 FOR FURTHER UPMOVE TO 5130/5200+.IF THIS LEVEL IS NOT CROSSED THEN MAY SEE 4900 TO 4800 LEVEL.SO WATCH THIS LEVEL CLOSELY(AS CHART ALSO SAYS THAT).HAPPY WEEK AHEAD. 
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment