Friday, October 01, 2010

Wolf Wave [01-10-2010]

Nifty Confirmed the Trend  violation at 6066-6077, If it Break
this level and traded above this level for an hour then Short covering
will come for the WOLF WAVE target.[TDL Trend R]

Thursday, September 30, 2010

Fibonnaci [30-09-2010]

Yesterday Trend line violation confirmed, So any breakout above TDL
Trend resistance is for further rally.  Expect short covering also above
this levels, Intraday stiff resistance at 6018-6033.

Wednesday, September 29, 2010

Fibonnaci [29-09-2010]

Negative Divergence in Indicators, Trend Line Violation in First Time
Once nifty close above Trend Decided Level (TDL)-Trade then Short
covering expected. 

Tuesday, September 28, 2010

Trend Line [28-09-2010]

RISK FREE TRADERS Booked Nifty Profit yesterday +530 points
RISK takers hold nifty with sl 6000 max 5980 for one more high, Fresh
Buy/Short covering is also possible above 6073 up to 6122 with sl 6033 
and again Risk takers profit booking area around 6220-6250.  

Monday, September 27, 2010