Monthly Archives: August 2009

Black September for Stock Market ?

By | August 31, 2009

Black September for Stock Market ? For Stocks, September May Be the Cruelest Month September is fewer than three weeks away. Feeling nervous? Maybe youshould be. For investors, the period between Labor Day and Halloweenis proving an annual fright show. And no one knows why. It was, of course, in September last year that Lehman… Read More »

Nifty Weekly Technical View

By | August 30, 2009

Nifty daily Charts are showing Bullish Inverted HnS with neckline placed around 43730 levels.If that is crossed with vols we cane see 4780 levels.4800 being 61.8% of fall from 6.2 to 2200 so will defiantly will be a resistance. 61.8% retacement metioned in charts above will prove a significant Resistance.I will like to bring in… Read More »

Bharat Forge Mometum is back??

By | August 27, 2009

One of the trading Set up which i like to trade multiple tops and bottom.Bharat Forge qualifies that.Today moved up with good volumes Now it qualifies for a buy if it trades above 238 for a tgt of 245 and 254. HCL tech Buy above 322 tgt 330 345 Support is at 296

Trading Ideas for the coming Week

By | August 24, 2009

HI All, Seasons Greetings to all. Due to work pressure m unable to post nifty Weekly charts NIfty Weekly Resistance 4650 4740Support 4500 4340 4130 Trading Ideas Astra Microwave:SL 72.70 tgt 83 88 Jupiter Bio:SL 72.50 Tgt 83 88 High vols on Friday India Bulls real estate tgt 277 290 sl 242 LIC Housing above… Read More »

Reliance EOD Charts

By | August 18, 2009

Hi All, Reliance took trend line support at 1924 and had a very dull session today,But volumes were OK so this indicates an distribution if market needs to go up RIL will always play a crucial role.Looking at the charts once can take long above 1958 gor a target of 1975 1994. 2000-2010 will… Read More »