Monday, November 24, 2008

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

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