High movement with satyam due to last day in FO expirey....now lets see which way will it move again...btr wait and watch in making new position with this counter...
now it looks that engineers heavy weight bhel, lt may be the willian for the marktet..mkt will become weaker below 2780...
hold your short at 2850 (cash) strict stop loss looking at current dow movement we may see gap down opening atleast 50/75 points nifty in opning trade tomorrwo,,,
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
Thursday, January 29, 2009
Wednesday, January 28, 2009
29/01/2009 mkt view
SATYAM!!!!!!!!!! hope you have picked them atleast little from the point of 30/31...still there is no look back with this counter
At current stage what should be price..very difficult to judge unless it change its trend......right now it has only one trend.....go up and up and up..
for tomorrwo martet is weak below 2800 level only.... it has good support with RELIANCE & SBIN so no problem with them but the problem may come with other biggies like BHEL, ICICI BANK,,,,
lets hope mkt will give settlement around 2800/2850....
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
At current stage what should be price..very difficult to judge unless it change its trend......right now it has only one trend.....go up and up and up..
for tomorrwo martet is weak below 2800 level only.... it has good support with RELIANCE & SBIN so no problem with them but the problem may come with other biggies like BHEL, ICICI BANK,,,,
lets hope mkt will give settlement around 2800/2850....
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
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