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Wednesday, December 8, 2010

Is the Market Bullish Today?

Oh, my my, predictions comes true like anything! Yesterday i predicted correction in the market up to the level of 5890, and it works that way.... Congratulations to those who are following my tips!
Tomorrow market will move up to the level of 5980 levels, approximately, 60-70 points upside move is expected in the market, this may come because of short covering in the market, and considering Friday's movement in the market, market has to move up in tomorrow's session, so this rally is not the sign of uptrend, but it will boost the bull to stay invested in the market and for bear to cover up there position.
Nifty Support: 5878 - 5830 - 5768
Nifty Resist:5954 - 5995 - 6033
Intraday Stocks:
  1. ALBK: Long Position, Risky Trade
  2. Axisbank: Long Position, Risky trade
  3. Ruchi Soya: Long Position, Risky Trade  
  4. Uflex Ltd: Long Position, Risky Trade
F & O Stocks:
  1. Ruchi Soya: CA 90, and CA 100 Buy
  2. Areva T &D: Short Position, Evening Star
  3. Bank Nifty: Long Position, Risky Trade
  4. BEL: Short Position, Bearish Kicker  
  5. BPCL: Long position, CA 680, buy
  6. Cairn: Short Position, Evening star
  7. Canara Bank: Short Position, H & S Breakout
  8. ICICI Bank: Spinning Top at bottom, Buy CA 1200  
  9. Infosys: Short Position, Bearish Kicker
Delivery Stocks:
No Stocks

Mrs. Anagha A. Bhave
[Technical Analyst]

Aabhineesh Total Solutions.
1st Floor, Gajanan Krupa Apt,
Sadashiv Peth, Near Nagnath Par,
Pune 411030.
94 202 14 800

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