29/11/2008 mkt view

Today markt did its best try to make a new low but it fail and bounce back from 2705/06 level not brakeing low of 2701(future) and finishes again below 2820.....

I have simple thumb rule market is weak untill it closes above 2820 level and now new level has come to calculaltion i.e. 2780. Cross d finger i anticipat tomorrow may give market movemement upto 2650/2680 if it doesnot go above our resistance level. RIL and SBI is not helping too much to the market which make me feel confident about the BEAR.

DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEWS.

Mumbai Meri Jaan

Bravo to all mumbaian, friends we really salute you for all your courage whether its natural disaster like flood in mumbai, bomb blast in local train or mean deeds of bomb blast like today.

I really urge to all over group member to help our friends in whatever way we can help them.
A small help can make a big change.

27/11/2008 mkt view

Quite anticipated rally, again today RIL and SBI recore thier all bad deed they made tomorrow.
only now we have one indication which favours beat that nft is not going over 2820 and again may happen that RIL can not help the markt as it did today.

tomorrow will be highly volatile and two way market posbil i advice just to seel mkt movement not to do anything extra than do your roll over complete or just finish up the settlement.
One can think of shorting RIL if it doesnot cross 1220 and same nifty 2820...

DISCLAIMER- I HAVE MY POSITION SHORT NIFTY

26/11/2008 mkt view

Fantastic........... RELIANCE & SBI done its work they are the willean(hero) of the day.
as reported in the last blog one may hold upto 2500-2550 for some profit making target. For any trader who wants to be long in the nifty can think so only beyond 2820 if mkt sustained on closing basis now only BEAR may rule the market upto 2500 and then dont know relief rally start for the BEAR........

I again repeat golden rule to trade such type of market... IF U ARE BUYER, BUY AND ONLY BUY AND SELL AND VICE VERSA.

DISCLAMAIR- I HOLD MY SHORT IN NIFTY

25/11/2008 mkt view

it was quite lack luster movemnt whole day, for tomorrwo i wish RELIANCE & SBI be a willian for the market and do what i have did. Today I have kept some short position in anticipation that 2mrw may worst begin upto 2500.....cross d finger(looking at dow jones, not posbl)

Tomorow again IT scripes may be the weakest of all I would be looking some shorting opertunity with Info at 1220 strict stop loss and Wipro with 238 strict stop loss.....10 to 15% downside expected from CMP. Always hit the weakest of the link to get the benefit, for 2mrw i wish IT may be the weakest of all

If 2mrw again mkt fail to sustain above 2820 i would like to carry with my short position and wait for some 5 to 10% downside from tomorrow's high. Very optimistic isnt it!!!!!!!!!
At the time of writing this , DOW JONES made a hight of 8406....and right now tradint at 8352... it should not close above 8500 which is dengerous for the BEAR......

DISCLAIMER- I DO HAVE MY NIFTY SHORT

24/11/2008 MKT VIEW

Market shown V shape recovery....but i still personally looking at better shorting oppertunity than buying.... my stop loss triggerd in nifty and as per rule no short should be there beyond this level....looking at DOW chart and DOMESTIC charts very soon shorting opperutni wl be there.
Good starategy to play this markt will be if you are buyer always buy and sell... and if you are seller always sell and buy the market...market is giving you opertunity both place.

Again beyond 2820 closing basis market is good be careful for BEAR ... i am in search in better shorting time if such not happen i wl be seller otherwise i may wait uptil 2900-3000 level...those who are short better wait for these two option.TTML, SATYAM and LT in the target to sell.

DISCLAIMER- I DONT HAVE ANY HOLDING.

AIM OF THE BLOG

I do give my service on professional basis also but aim of the blog is to give some good standard of service to every individual and make his dream true to make quick and safe money with the market. Every day we are giving such a market view you can atleast make Rs. 500 out of it and i do follow the same making good amount end of the month as an extra money. I wish all our blog follower to have a charity of atleast 10% amount of profit to the needy people who are not as lucky as we are. This will not just help them but also to us to make more and more gain out of this market.

21/11/2008 mkt view

TTML VERY GOOD MOVEMENT!!!!!!!!!!!
Those holding idfc must have book profits at 54 yesterday, it was very shacky movement for market yesterday and difficult to trader like me. I just complete my all rollover and just study the market what could be the next move.Today morning dow is showing horrible scenario it makes me confident that you can hold your short uto 2250/2300 with a strict stop loss of 2640 BINDASSSSSSSSS.
I personally more play with nifty, one can short hero honda below 700 with strict stop loss of 720 tgt will be below 650... there are many such scripes but better to focus and trade or we will confuse which to trade and not to trade

DISCLAIMER- UNFORTUNATELY I DONT HOLD MY NIFTY SHORT/NO ANY HOLDING

20/11/2008 mkt view

TTML HORRIBLE MOVEMENT!!!!!!!!!!!!!!!!!!!!!!!!!!! i didnot waste my time after that.
for tomorrwo if you have any short carried over first book profit in it i if you are getting nifty level around 2530-2550 and wait for market to decide its trend. market is completing its formality to make new low in its way but tomorrow possible bounce back is there which may lead upto 2750+ level resistance seen at 2820 only on closing basis.

DISCLAIMER- PERSONALLY I HOLD NIFTY SHORT

19/11/2008 mkt view

First of all,those holding idfc short dont worry hold with sl of 63 target 54 is there.....tomorrow for some better que market needs to close above 2820. so we may see some fresh momentum but tomorrow IT scripes look weak at high so it may not help market to sustain at this level... i recommend just to have wait and watch policy if you play by shorting only.Tomorrow i will have close eye on TTML thinking to short it if it does not trade above 21 tomorrow.

I personally dont think to buy aggressively tomorrwo other than nifty with strict stop loss of 2650 it may go upto 2900 it give closing above 2820 at the EOD...

Today also marvlous day in shorting rpower and idfc

YOUR COMMENTS/QUERIES ARE WELCOME.
DISCLAIMER- I HAVE COVER MY SHORT WITH IDFC AND RPOWER.OTHER EXPRESSED VIEWS ARE MY PERSONAL, CHECK AT YOUR END BEFORE TRADING

18/11/2008 market view

friends today was one of the fantastic day for me, it was dito to dito what i was predicted.
mkt open gap down it sustain at 2680 and again gone upto 2800+.........good shot.
now i feel market is just completing formality to break 2680 and show us 2500 level as soon as possble, for tomorrwo again you may short rpower at 111 stop loss target is the same, i would have my first trade with idfc shorting if it breaks 60 with sl of 63 next target should be 55

17/11/2008 mkt view

so now nifty shows weakenss as long as it trades below 2860, i expect market to rebound once if market open gap down on 17th(foreign clues suggest that). After 2860 the main level to watch out is 2680 and 2500. MARKET CHUN CHUN KAR.......

Anyway i would suggest to short rpwoer as long as it does not trade above 111 the stop loss would be 113 and target is below 100 in couple of days. ADAG IS WEAK

THIS SPECIAL FLOWER POT TO ALL MY COLLEGUES OF NICM, GANDHINAGAR(GUJARAT), WISH YOU ALL MISSING A LOT.............

13/11/2008 mkt view - continue

as written in previous text we may see some 3 to 5% bounce back, which is as per market trend, but at the same time to short today may be harmful as trend from morning will be some positive, to continue some healthiness mkt need to stay above 3050 on closing basis or weakness may follow again, individual scripewise one can short unitech at higher say with above 51 stop loss.

13/11/2008 mkt view

when mkt fail from 3240 it give clear indication to southward journey once again, as we have calculated the pattern follows the design which lead to worst, but we are seeing some consolidation at 2650-2700 level which may again lead market to 10 to 15% rise from there..we dont think mkt should give up easily it may again get some relief package and try to run like anything...individual scripe wise if we go unitech,mundra,rpower,rcom and other ADAG scripes looks horible, right now we are not seeing any big guy to support mkt....keep an eye near 2650-2700 create new short only belo 2600 and then after 2500....crosss d finger

STORY MAY TURN FACT

taking reference of 21st january,2008 panic bottom and if we make a study of chart pattern before making new low a very last day market have moved 3 to 5% upside which is quite clear from seeing nifty spot chart...if the same pattern follow DEFENITELY market touch new low.....cross d finger

11/11/2008 MKT VIEW

THE STORY ITSELF MAY BE TOMORROW'S MKT VIEW.........

STORY

suppose you(market) get ill, so doctor(Government) gives you medicine(relief package) to get better and tell you to take it regularly and rest, u take first dose, second dose, goes on but untill you complete your intire cycle you cant be perfect fit.... when you take first dose you think i am now quite alright and start running like this market but untill you complet your intire phase you will fail again and again and get worst... i hope i may wrong comparing market with human.....

10/11/2008 mkt view

for nifty 3240 is a crusial resistance....any day closing below 3240 in coming one or two trading day is dangerous for market....ADAG group is capped at high level but RELIANCE may lead the rally....dont shrot reliance in couple of days......some of our friends has query for unitech and suzlon, suzlon has good supprt at 60 above which 77 and 83 is resistance hold suzlon for few days, same for unitech may give 4 to 5 Rs. upside from current market price.

07/11/2008 mkt view

now it mkt doesnt sustain at 2680 then next support will be 2520 only........rnrl weak below44.65 sl 53, icici below 415, untich below 45, idfc below 60........one can initiate short in this scripe tomorrwo with 3 Rs. sl in unitech and idfc

06/11/2008 mkt view

so rpl fail to go above 98 and a make a high of 97.5...............good shot!!!!!!!!!!!!!!!!!!! now good support only at 82 fail to sustain may go below 80 tooo.........for nifry 2886 is a good support for spot level but i dont think that will be sustained.........below this mkt next support is 2680 only...

05/10/2008 mkt view

its too smart..........90/100 thinking mkt will come down.......but when its a big question????FOR TOMORROW IT PACKS STILL LOOKS WEAK....STRONG NIFTY RESISTANCE AT 3240....ABOVE WHICH NIFTY IS OPEN TILL 3400-3500.....FOR RPLS 98 IS A GOOD RESISTANCE LEVEL