Wednesday, August 27, 2008

Dow +26, Nasdaq -3 High voletility in today session

Dow +26, Nasdaq -3
On the daily charts, the momentum indicator KST is still riding its downtrend though not on a very sharp note, which indicates that the current down trend has matured, and if the current low of 4,248 is not breached on downside we may see a positive crossover of KST in the near future. Market breadth marginally favored the bears with 658 declines and 542 advances.

BUy Adlabs Strict SL 500 tgt 511,516

Buy LNT SSL 2600 tgt 2635,2648 please obey SL

Good volume increase in sesagoa pl. Keep SSl 154 tgt 159,162

United Phos declare bonus will take positive effect on this stocks short term tgt 350

Drready Sell Below 575 tgt 565,558,551

Tuesday, August 26, 2008

DOW-241, NASDAQ-49

Yesterday we recomended you that nifty will not croos 4400 level and you can see what happen nifty back from 4395 level.
Today Dow jones-241 point, nasdaq-49 and yesterday selling pressure also effect our mkt.
So in our mkt 200-250 point Gap down opening possible
If nifty break 4250 then more panic possible.

Reliance Will creat panic below 2210-2200 level you can see more downside up to 2150-2100.

Sell Tisco Sl 585 tgt 550

Buy Torrent Pharma in decline Sl 180 tgt 195,200

Suashish diamond in decline buy SL 425

Monday, August 25, 2008

Today All major mkt in green signal Dow +198, Nasdaq +34

All major mkt in green signal Dow Jones +198, Nasdaq + 34. Our mkt face resistance near 4400 level.
Hotel Leela keep Sl 32 tgt 35Buy Indian Hotel Sl 75 tgt 80.
Icici bank SL 650 tgt 665, 675.
BOI can go upto 275.
Sbi Sl 1360 tgt 1385,1399.
Ranbaxy Show A GOOD movment above 525 keep Sl 525 and buy next tgt 550.
Tatapower show a good movment next tgt 1100.
Tatasteel above 600 next tgt 625.
Zee tv keep sl 210 tgt 215,218.
Aban Offshore keep SL 2250 And sell If break 2200 then you can see more downside up to 2150,2100