RECOMMENDATIONS FOR (20-11-2009) FRIDAY

WARNING!!! WARNING!!! WARNING!!!

THIS EXPIRY, NIFTY MAY SETTLE AROUND 4800-4900 !!!

(On Tuesday we will tell you exactly where it will be settled!!!)

NIFTY-FUT VIEW

FINALLY NIFTY BREACHED THE SAID SUPPORT LEVEL 5006. AFTER BREACHING THIS LEVEL IT EVEN DID NOT TURN TOWARDS THE UPSIDE. BEARS CONTROLLED THE MARKET. LOOK FOR MORE DOWNSIDE MAY BE UPTO 4750.

SELL NIFTY-FUT BELOW 4962 WITH THE STOP LOSS OF 5083. TGT 4750. 

THIS IS POSITIONAL CALL. VISIT THIS BLOG FOR TRAILING STOP LOSS.

STOCKS

WE HAD RECOMMENDED GAIL TO BUY ABOVE 390 ON 18-11-2009. STILL IT IS LOOKING HOT ONLY.

1. SELL BHEL-FUT BELOW 2244. STOP LOSS 2285. TGT 2150.

ALL THE BEST IN YOUR TRADING.

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RECOMMENDATIONS FOR (19-11-2009) THURSDAY

YESTERDAY MARKET TRADED IN A VERY NARROW RANGE WITH LOW VOLUME. TRADING IN RANGE BOUND MARKET IS ALWAYS DIFFICULT.

NIFTY-FUT VIEW

NIFTY-FUT NOT ABLE TO CROSS 5082.5O UPSIDE BREAKING OF 5082.50 WILL TAKE NIFTY-FUT TO 5150. TRADER CAN GO LONG ABOVE 5082.5 WITH THE STOP LOSS OF 5040. HOWEVER NIFTY-FUT SHOULD NOT BREAK DOWNSIDE 5006. IF BREAKS THEN POSITIVE MOMENTUM WILL LOSE THE BREADTH.

YESTERDAY NIFTY-FUT MADE LOWER LOW, WHICH MAKES WORRY FOR BULLS. HOWEVER AS IT HAPPENED WITH LOW VOLUME BEARS, MAY NOT TAKE CONTROL.

SO BE CAUTIOUS AT THIS LEVEL.

STOCKS

1. BUY IFCI ABOVE 52. SL 49.50. TGT 56.
2. BUY HOTELEELA ABOVE 41. SL 38.75. TGT 45.
3. BUY TRIVENI ABOVE 110.5 SL 102. TGT 122.

THE ABOVE TWO ARE POSITIONAL CALLS FOR 1-3 DAYS.

RELINFRA GETTING WEAKER.....IF ANYBODY LONG IN THIS COUNTER PLEASE EXIT BELOW 1140.

ALL THE BEST IN YOUR TRADING DAY.

RECOMMENDATIONS FOR (18-11-2009) WEDNESDAY

DEAR TRADERS,

THESE ARE THE RECOMMENDATIONS FOR (18-11-2009) WEDNESDAY.

1. BUY GAIL ABOVE 390. SL 375. TGT 410.


2. BUY CESC ABOVE 386. SL 369. TGT 411.

3. BUY MAHSEAMLES ABOVE 344. SL 322. TGT 370.
 
HOLD THESE POSITIONS FOR 1-3 DAYS.
 
NIFTY-FUT
 
NIFTY-FUT HAS A GOOD SUPPORT AT 4970. THERE IS NO WORRY FOR BULLS UNTIL THIS LEVEL IS BROKEN. FIRST SUPPORT FOR NIFTY-FUT COMES AT 5006.
 
ALL THE BEST IN YOUR TRADING.