BUY NIFTY

NIFTY IN OVERSOLD POSITON..EVRY ONE SHORTING THE MARKETS IN EXPECTATION OF MARKETS SLIDING DOWN.. THIS IS THE TIME TO TAKE SOME RISK..

BUY NIFTY FUT @ 4510 ...SL 4500 TGT 4600 IN FEW DAYS

whether to buy or sell

The upmove in the last week has chisled ,all the bears in the market.. almost,every one are short in the markets.. (even myself for a time being ,, i shorted nifty at 4330 and covered wth sl 4347). I knw very welll,, there are some fresh shorts made in the markets on friday at high 4390 levels... .. The pull back in nifty at 4100 to present level is like a rocket,, and didnt gave a chance or time to makeup the mindset frm bearish to bullish. Now, the markets are moving wth strength,, every one are bit confused wht to do...whether to buy or sell???

Hold all ur buys with sl 4305
Hold all ur shorts wth sl 4450

The coming session is likely to witness a range of 4300 on advances. Support is likely at 4170 on declines, below which the 4140 maybe possible. The bullish pivot for the session will be at the 4270 and the bearish pivot at the 4240 levels. Traders need to watch the activity beyond these thresholds respectively for intraday guidance.
The market internals indicate a higher turnover due to the distribution at higher levels. The number of trades were higher and the average ticket size per trade was higher, indicating a strong selling bias. The capitalisation of the market was marginally higher in line with a profit taking session. The f&o cues show the bears pressing fresh shorts on the Nifty, indicating some more possible supply.
The outlook for the markets today is that of caution and overseas cues may curb buying momentum...

take chance huge profits for just a penny worth loss

my previous stratergy taking nifty frm 4110 to 4325 worked successfully

http://keerthi-stockmarketcalls.blogspot.com/2009/07/best-stratergy-in-this-falling-markets.html
now

short nifty with at 4330 for tgt 4200 sl just 10 points ,,,i.e 4340

best wishes

best stratergy in this falling markets

Dear friends,,
head and shoulder (TOP) formed in nifty charts... cautious..dont go longs in any stock.... or ....indicies.... may markets fill the gap which is unfilled frm 3600... Risk takers can buy momentum stocks like infrastructure,, telecom,, some reality only after nifty sustains to hold over 4110 for two to three days...
my favourites picks are
1. unitech tgt 80 sl 59.50
2. suzlon tgt 110 sl 77
I think this is the best stratergy to follow..

best wishes