Friday, April 24, 2009

3408 3385 levels for bears


Important fibonacci level

try go short at current level 3446stop 3455

t1- 3408

t2 3385

below 3385 means hold short with the stop 3411

Wednesday, April 22, 2009

watching potential resistances in advance


Important fibonacci level
potential resistances as shown in chart.
short there with minimum stop loss for atleast 10 points of nf.
but oserve strict stop.

Tuesday, April 21, 2009

21 st april short covering


Important fibonacci level
Chart giving clearcut level of 3300 as short covering level see 161 overlap and 38 percent fib level of 2952 low to 3515 high comes exactly arnd 3300
and in history mkt resisted exactly at 3300. so one retracement expected in down rally arnd 3300 level. so better cover shorts here

Monday, April 20, 2009

20 th april short booking


Important fibonacci level
3329 and 3315 i m waiting to book my shorts. as 161 percent of todays consolidation tgt .