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Showing posts from October, 2009

NIFTY - FOLLOW ON

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NIFTY - so now it is moving on expected line. To avoid the FOLLOW ON it should take support 4650-4600 zone otherwise free fall may continue and trying to take support 4300+, 4100+ or 3600+.

NIFTY - ALERT (10th OCT. 09 opinion repeat)

Please refer 10 oct.09 opinion (only changes are nifty numbers).
NIFTY - Now it closed below 5000 so 6 months uptrend trendline (first wave of this mega bull trend ) was broken and confirm the major correction. It may be 20 % to 30 % fall from the top of 5182 (20 Oct. 2009). Major confirmation will come, once it close three days in row or weekly close below 4646. so it is time to act.

NIFTY - Caution - Trend line broken

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OPINION will follow within two days ......

NIFTY FOLLOW-UP

NIFTY - Now Stop @ 5000 closing basis from earlier stop of 4900 closing basis.

HAPPY DIWALI and SAMVAT 2066

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POSITIONAL BREAKOUT STOCKS WITH TARGET

STOCKS NAME - BREAKOUT PRICE * - TARGET PRICE
(Target price is valid as long as above the breakout price)

ASIANPAINT - 1334 - 1968

AUROPHARMA - 825 - 1549

BAJAJELEC - 750 - 1367

BANKBARODA - 501 - 832

BERGEPAINT - 69 - 113

BPCL - 575 - 908

CADILAHC - 412 -624

CANFINHOME - 94 - 150

CENTRALBK - 152 - 243

CIPLA - 304 - 463

COROMNFERT - 200 -326

CRISIL - 4270 - 6700

DABUR - 134 - 207

DHANBANK - 164 -290

DOLPHINOFF 387 - 670

DRREDDY - 889 -1283

EMAMILTD - 388-596

EXIDEIND - 91 -147

FORTIS - 123 -200

GAIL - 371 -575

GLAXO - 1554 -2404

GLODYNE - 350 -617

GRUH - 227 -374

GUJRATGAS - 195 -305

INFOSYSTCH - 2415 - 3790

IPCALAB - 795 - 1305

IRB - 222 -380

ITC - 240 -347

JAYSREETEA - 221 -382

JINDALSTEL - 560 -1033

JISLJALEQS - 767 -1307

JKIL - 132 - 228

M&M - 1001 -1765

MARICO - 85- 123

MARUTI - 1250 - 2063

MCLEODRUSS - 160 -285

NBVENTURES -352 -613

ORIENTABRA - 20.50 -34.65

PAGEIND - 558 -860

PIRHEALTH - 389 -614

PNB - 720 -1154

RENUKA - 167 -307

RUCHINFRA - 56 -104

SABERORGAN - 33.50 -57

SELAN - 331 -563

SESAGOA - 220 -380

SHREECEM - 1…

NIFTY - ALERT

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NIFTY - If trade and CLOSE below 4900 (until then no problem) then 6 months uptrend trendline (first wave of this mega bull trend ) going to break and confirm the major correction. It may be 20 % to 30 % fall from the top of 5111 (01 Oct. 2009). Major confirmation comes once it close below 4575. so BE ALERT .

NIFTY - FOLLOW UP

NIFTY - Now Stop @ 4900 closing basis from earlier stop of 4780 closing basis.