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Tuesday, August 28, 2007

Nifty Watch - Toady [29.08.2007]

Strong resistance for Nifty 3990 - 4610 zone.

Above this level Nifty definitely make a new high. but if not sustain a correction may start. It's about 4 yaers this bull run countinues. Now it time to correct & bounce back.

3600 is a crucial level while in correction face.

But now trade with trailing stoplosses

Happy trading

Sunday, August 26, 2007

Nity Watch - Today

Market is trying to Stabilize, but we can't comment with one day development.

As per long term view the trend is bullish ofcourse, but some ups & downs may come in short term business.

Now wait & see policy is good but you can invest in small quantities.



Stock of day



Buy Arvindmill on declane with Stop loss of 40.35


for Long & Medium Term


regards & happy trading,

Nifty Master

Friday, August 24, 2007

Nift may Volatile but may sustain above 4000 mark

Hi,

It quiet a long time, I'm back again. hope may not be again any break or intervel

As far as the long term trend Nifty volatility is not effected & It may sustain above 4000 mark.
If is above 4000 mark no problem for medium term and short term traders.

Otherwise a correction may come and nifty may come upto 3500-3600 level, but chances are very less.

You can see that some correction already happend. It came down from 4550-4600 to 4100-4200 level.

Becareful short term traders

Long tem traders, this is the time to invest, but in small quantity only.

Medium & Long term call:-

Geojit Buy 36-38 Stop Loss 28.45 Target above 60