Thursday, January 12, 2012

Markets

I expect markets to give way next week trade with caution

Above 4900 - 5029-5300 on the upside for nifty and 9100 - 9600 on banknifty

The ww setups look weak for nifty

Cnxit gone ww failure headed to 5200

5 comments:

  1. Falling wedge and wolfe wave ....oversold Weekly with good divergence......i m for a good rally ...but it may not start right next week...nifty is banging on the upper bollinger lines ..may be CHOPPY trade next week..but above 4800 and below 4900

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  2. Sir, IndusInd Bank has crossed 260 after declaration of qly results. Some analysts are projecting price of 313. What do you think?
    Regards,
    Thanks
    ttthakur

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  3. Jonak - Its a gartley with max upside of 5020 (doubt it will get there)

    Tulsi - Indusind Bank i exited longs today @ 283 - only short now

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  4. Hi,

    you are sending many emails to buy,short etc but it is very confusing as you are sending so many emails. I am not able to gain a single rupee till now as i am very confused as what to buy or what to sell. It would be better if you can post some weekly calls and only send few high conviction calls. thank you.

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  5. sir holding axisbank 3 lots short @ 812 please guide me.. if u give your view i can make another position from here in short (950)..I request u to reply..

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