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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 -61

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.