Thursday, September 4, 2008

morning thoughts..

As said and expected the markets played a deceptive game and trapped the bears.
From a technical point of view the markets looks in an over bought zone , and some profit booking is evitable which will keep markets volatile and choppy.
The markets are likely to see two sided movement with bouts of volatility.
However there is a big deceptive move still coming…up or down..?
The supports for the nifty is at 4305 levels and resistance at 4575 levels
The supports for the sensex is at 14650 levels and resistance at 15300 levels


Stock to watch

Pba infra

Unitech


Positional calls

Nifty - we are applying nifty straadle reverse strangle at every levels for targets 3600 or 5400...?will feed us 900 points

September 5 marks the beginning of a major astrological change…

We see a big deceptive and major move coming soon….? Up or down..?

Will this be a deception for bulls or will decept bears?or a base for bull run or bear rally? will it turn from here ,nifty 3600 or 5400

Sensex 3000 points up or down….?

Nifty 3600 or 5400….?


TUESDAY'S CALLS SENT VIA NEWSLETTER , SMS AND MESSENGER

Everonn systems – keep a SL 555 and buy for TGT 578,went high 585
Mundhra port & sez – keep a SL 582 and buy for TGT 606,went high 605
AXIS BANK - Buy @ 737 SL 729 TGT 750,went high 771.60
REL CAPITAL - buy @ 1363 SL 1349 TGT 1382,went high 1433.85
ADLABS - buy @ 498 SL 490 TGT 509,went high 515
Kotak Mahindra Bank – Buy for TGT 630 in short term,went high 686
BNB Deccan Aviation – keep a SL 78 and buy for TGT 86,went high 90.50
BNB FSL – keep a SL 41 and buy for TGT 46,went high 44.85
On 01-9-08 Given BNB Unitech @ 157,Hits TGT 168,went high 173.50

Buy JP ASSOCIATES 170 CA @ 7.30 SL 4 AND HOLD FOR TGT 11,went high 11.40
Buy IDBI 90 CA @ 1.X5 AND HOLD FOR TGT x.50,went high 2.90
On 29-8-08 Given Unitech 160 CA @ 7.20,Hit TGT 11,went high 17.70
On 29-8-08 Given SBIN 1410 CA @ 63,Hit TGT 78,went high 149

On 01-9-08 Given Everonn System @ 480-485 Levels for Short term,went High 585 today

BNB : Option drum :AirDeccan,FSL, Unitech,JP Associates 170 CA, IDBI 90 CA,Unitech 160 CA,SBIN 1410 CA

Free calls on Gupshup - Nutek 224,Akruti 907.90,Air Deccan 90.50,Everonn 585,Mundra 605, all Blasted
As per our advance predictions crude is all set to come to 100 dollars, well said 1 month before



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