Thursday, January 22, 2009

TRADING STRATEGIES (23-01-2009)

Keep an eye on 2659-2618

Do u all Remember our level of 3148 ...Many times written this will act as LAXMAN Rekha !!(Just see was not able to cross and crashed yesterday to kiss 2660 in 12 days )
*Now watch 2618 .....Two Consecutive close below this level will create Huge panic..........and then nonstop slide upto
2495----2455 is possible .


Today will try to kiss :2721---2757---2770

Major Hurdle :9423..Now once crosses this level then ?
Watch Nonstop Rally upto 9709--9804 level.
(Just see it was not able to cross 9423 level and Tuesay it was written will take support @ 9178--9149 level...just see it kissed 9033 & closed at 9100 level )
Day before yesterday written ...Below 9032 will kiss 8946--8916.Just see it kissed 8734 & closed at 8779 level.
Yesterday our Target below 8722 ???Just see it kissed low of 8700 & closed at 8803 level.
Today ,Support at 8722 ,Break will take to 8316--8182 level.
Hurdle :8895---9066 is Laxman Rekha !!


Today's Hurdle
2721 , 2757 ,2770
101%.........Go short @ these levels (around 2757 )
Once Breaks 2667 level with volumes will take to 2632--2621 in hrs only.
Don't hold any stock overnight for MONDAY !!

DLF:-

and Go short in all Real Estate stocks...our MANTRA from last 6 months !!
On 7th Jan written to sell @ 277....with price target of Rs.150---110----- two figure price level.
-Just see manipulation in this stock-
But ,Nothing to worry........chart only work.
-Already crashed to kiss 148 & 101% still looking weak only.


TATA COMMUNICATION:-

On 5th Jan @ 492.written to sell this stock ,Keep a stoploss of 520 & remain short.........very heavy crash on card !!
*Again on 12th Jan written to sell @ 470 level.
-Just see stock is Bleeding and crashed to 402 level-



All 4 Bank stocks were on our HIT list....and yes they all are melting..................!!
101% ,still looking weak only.
Just exit if revives !!!
RELIANCE:-
Stock will take support @ 1103....Crucial support and Hurdle @ 1155.
-Look it kissed 1104 & made High of 1153.
Today have a eye on Rs.1150
If crosses with volumes then only it will show power.
Stock above this level will zoom to kiss Rs.1178---1187
Panic below :1103 level only.
(Just Try to exit on Rise..........every 2nd person will be trapped at Higher level )

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