September 04, 2010

TRADING STATEGY OF (weekly)




 on 30th august,i said,,breaks below 5404  then non stop slide till 5995-5388 & further up to 5360 & 5445 non-stop rally up to 5460-5470 & further up to 5490
if crosses 5490 then non-stop rally  up to 5520-5535. this week hit 5510 & low 5356 & close 5480.
NIFTY : From 5356 to 5510 in 7 sessions.
now what ???

BULLS LEVEL

if crosses 5500 non-stop rally up to 5525-5535 & further up to 5547
if crosses 5547 then non-stop rally  up to 5570-5610 & further up to 5640
U-TURN LEVEL (weekly) @ 5615

BEARS LEVEL

IF breaks  5460  then non stop slide till 5435-5410 & further up to 5350
IF breaks  5350 then non-stop slide till 5310-5230 & 5200
U-TURN LEVEL (Weekly) @5230


short term above 332 tgt 350-355 and thereafter to 365
PFC : Rec 332 on 31 AUG 10 it kissed 356 level in time span of just 10 days !!

PATNI : Rec 480 on 26 AUG 10 it kissed 555 level in time span of just 5 days !!


short term above 71 tgt 76 - 80 and thereafter to 84.

APOLLO TYRES : Rec 71 on 03 SEP 10 it kissed 84 level in time span of just 5 days !!




short term above 1115 tgt 1126 - 1138 and thereafter to 1150.
 JSW STEEL : Rec 1115 on 03 SEP 10 it kissed 84 level in time span of just 5 days!!

In just 5 sessions it had flared to Rs 1192 level.



short term below 1005 tgt 980 - 970 and thereafter to 960.

REL.INFRA : Rec 1005 on 31 AUG 10 it kissed 982 level in time span of just 1 day!!

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This Week What to expect ?


GREAT OFFSHORE close (391)
 IF crosses 392 non-stop rally up to 400-405 & further up to 418

IF breaks  380  then non stop slide till 375-365 & further up to 350

(More Details and Intraday levels for our Subscribers)


BHUSHANDTL close (1857)

 short term call : Buy BHUSANSTL at 1856 sl 1820 tgt 1880-1910-1950


(More Details and Intraday levels for our Subscribers)


ADANI ENT close (650)

IF crosses 640 non-stop rally up to 659-680 & further up to 700

IF breaks  628  then non stop slide till 620-615 & further up to 605

(More Details and Intraday levels for our Subscribers)


HDFC close (631)

 short term call : Buy HDFC above 628-630 strict sl 615 tgt 635-655-675


(More Details and Intraday levels for our Subscribers)