VIEWS FOR NIFTY AND RELIANCE FOR 31 DEC 08

NIFTY AND RELIANCE VIEWS FOR 24 DEC

DOUBLE CLICK ON THE POST TO ENLARGE IT.

NIFTY AND RELIANCE VIEWS FOR 23 DEC

VIEWS FOR NIFTY AND RELIANCE FOR 15/12/08

BUY PRAJ IND CMP 63 TGT 73/83/87 SL 48 (WEEKLY BASIS)

HEY,
BUY PRAJ IND CMP 63 TGT 73/83/87 SL 48 (WEEKLY BASIS)

NIFTY HEAD AND SHOULDER FORMATION IN THE MAKING

HEY,

NIFTY HEAD AND SHOULDER PATTERN SEEMS

TO BE IN PROCESS UNTILL IT HOLDS 2485

ODD LEVELS THE PROBABLE TGT WOULD BE

3177/3445/3759.

buy punjlloyd tgt 168-178/183 sl 138 (weekly basis)

hey,

buy punjlloyd cmp 150 tgt 168 -178-183 (weekly basis) sl 138 on closing basis.

reasons : double bottom formation,improving rsi and sts.

buy lnt tgt 825 sl 675 (weekly basis)

hey,

buy lnt at between 710-725 tgt 825 (weekly basis)

sl 675 closing basis.

reason :(double bottom formation,rsi and sts given a buy signal).

previous weeks performance : infosys made a high of 1244 and a low of 1090 ( almost touched our first tgt of 1083)

INFOSYS LOOKING WEEK ON WEEKLY CHARTS (TGT

HI,

INFOSYS LOOKS WEEK ON WEEKLY CHARTS.
GIVEN A DARK CLOUD COVER PREVIOUS WEEK INDICATING BEARISHNESS.

SHORT INFOSYS ON CLOSING BASIS ( DAILY ) BELOW 1200 FOR TGTS OF 1083/938-948.
SL WOULD BE 1275 ON CLOSING BASIS.

FIBONACCI TGTS ON CLOSING BELOW 1185 ON WEEKLY BASIS MAY SHOW YOU 835.

TGTS FOR WEEKLY BASIS.

trade in options

hi,

buy nifty calls strike price 3500 at 25 /3600 at 16/3700 at 10.

buy reliance call strike price 1410 at 28/1500 at 15/1710 at 3.

tgt would be 300% on investment (holding period 10-15 trading sessions)

last weeks calls punjlloyd hit a high of 215 (tgt achieved)

nifty a high of 3240 (first target).

hope you earned.

BUY PUNJLLOYD CMP 175 TGT 211-218 SL 156 (CLOSING BASIS).

BUY PUNJLLOYD CMP 175 TGT 211-218 SL 156 ON CLOSING BASIS.

ON VERGE OF MAKING A FORMATION OF INVERTED H&S.

BULLISH GAP AT 211-212.

STRONG BUYING SIGNAL ON WEEKLY CHARTS

BUY NIFTY AT 2885 TGT 3201-3230/3445 ON WEEKLY BASIS SL 2805 (CLOSING BASIS).

TECHNICALLY HAMMER,RSI AND STS GIVEN A BUY SIGNAL.

CALLS FOR 8/9/08

HEY,

BUY SINTEX IND CMP 318 TGT 325/332/338 SL 298

BUY LITL CMP 296 TGT 316/321/332 SL 278

BUY CEAT 77 TGT 85.3/91.2 SL 67

BUY ALEMBIC LTD CMP 45 TGT 48.5/52.5 SL 37

BUY NTPC CMP 173 TGT 176/180.2 SL 167

BUY APIL CMP 396 TGT 418/442 SL 360

1.

according to gann theory also there are trend reversals in between the dates 1/9/08 to 10/9/08

and there after 8/10/08 to 15/10/08.

2.

a view of the fibonacci levels.

VIEWS FOR 5/09/08

SHORT NIFTY CMP :4447 TGT 3850 IN 8 - 10 TRADING SESSIONS SL 4585 ON CLOSING BASIS.

AS SHOWN IN THE NIFTY CHART TAKEN INTO THE CONSIDERATION THE PERIOD FROM 17/07/08 TILL DATE IT MAY BE FORMING A HEAD AND SHOULDER PATTERN.

AS POINTS A,B& C FORMING THE LEFT SHOULDER THE POINT D THE HEAD AND E,F AND IF THE PATTEN IS TO BE COMPLETED A POSSIBLE G POINT HAS TO BE FORMED AT THE LEVELS NEAR TO 3850 ODD LEVELS.

THE RSI INDICATORS ARE ALSO FORMING THE SIMILAR PATTERNS .

THE LEVELS TO WATCH ARE

POINT A:3823 RSI:38.98

POINT B:4540 RSI:54.50

POINT C:4191 RSI:46.70

POINT D:4650 RSI:58

POINT E:4202 RSI:44.22

POINT F:4522 RSI:54.70

POINT G:3850 ?

RSI G: 35-39 ?

ONLY TIME WILL TELL.

IT TOOK ABOUT 8 TO 10 TRADING SESSIONS FOR NIFTY TO REACH FROM POINT A TO POINT B NOW VICE VERSA THE CHARTS WILL IT SIMILARLY TAKE THAT MUCH TIME FROM POINT F TO G ?

(THIS VIEW WILL BE NEGLIGEBLE ON THE CLOSING ABOVE 4585)

CALLS FOR 31/7/08 AND RESULTS OF 30/7/08

HI,

NIFTY LEVELS 4184/4227/4252/4277/4320/4363/4388/4413/4456

SHORT GT OFF SHORE CMP 411.70 TGT 402/394/386/376 SL 432

BUY LITL CMP 324.15 TGT 334/341/348/354 SL 307

SHORT TATAMOTOR CMP 415.9 AT 423 TGT 397/391/384 SL 439

BUY IDFC CMP 91.85 TGT 93/94.4/96.4/98.75 SL 87

SHORT GNFC 121.6 TGT 116.8/113.2/109.85 SL 128. 8

YEST CALLS TGT ACHD JET H/L 470/447, MLL 96.4/88.7,RPL 165.7/160.7,

TATASTEEL 634.5/595,ASHOK LEY 28.8/27.9.

HOPE U EARNED.....

30/07/08

hi,

for 30/07/08

nifty levels

3948/4001/4054/4087/4121/4121/4174/4227/4261/4294/4347/4400/4434/4468.

stocks for the day

buy jet airways cmp :435.45 tgt 448/462/475 sl 414.7

short mll cmp :93.9 tgt 88.15 sl 98.5

buy rpl cmp :159.45 tgt 163.3 /165.5 sl 156.45

tata steel cmp :584.45 tgt 589/594/600/608/616 sl 567

short ashok ley cmp :28.25 tgt 27.15/25.45 sl 29.8

positional call cummins india short cmp 286.35 short at 296 tgt 275/269/261 sl 305