Saturday, April 18, 2009

April 20 to april 24 estimates


Important fibonacci level

Market trading below 3378 is inviting shorts

As per charts 200 sma is around 3415 suggesting stoploss for any shorts.

Below 3378 means 3280 coming in a day or two. After that one reversal expected till 3366

so covering short at 3280 and sitting on cash is smart work.

T2- 3227

T3 - 3135 these tgts will b completed only if 3268 broken

KEEP tracking 200 sma daily whenever one goes short

keep trading with direction of market as every rally lasts for atleast 50 odd points

ALL the best



Friday, April 17, 2009

long booking of 17 th april


Important fibonacci level

23 percent fibonacci level at 3514 gives upper tgt 3560

and next level above it is 3612.. as shown in charts

17 april bull above 3425


Important fibonacci level
and book long at each fib level given in chart and if crosses 76 percent fib also then jst 3426 stop lagake so jaooo.
mkt will cross 3514 soon

Wednesday, April 15, 2009

Monday, April 13, 2009

long 13 april above 3373


Important fibonacci level

3373 gonn then 3393 coming for intraday

so long on break out

13 april


Important fibonacci level


fibonacci level overlap shown by down arrow in chart is good shorting opportunity only above 3411 go long tgt 3469