Thursday, May 10, 2012

Roller Coaster Ride with Bear


Yes its really a Roller Coaster Ride in Stock market - as this week market Swing here and there - its a Night mare for Traders as well as Investors -


Nifty on sub wave 3 and tomorrow is Friday = Bear Domination ????


Yes may be this picture comes reality tomorrow, if today low 4950 breaks which is an Important support to be watched tomorrow. If the Support Holds then Possibility of Upmove upto 5040 & 5080 not ruled out. Lets See..

Performance on Nifty Today:-

(5/10/2012 9:18:53 AM): *****NIFTY-ALERT**** If Nifty able to trade above 5013 then look for 5060 with a SL of 4984

(5/10/2012 12:36:15 PM): *****NIFTY-Update**** Book Profit in Nifty 5038 - Buy given at 5013

(5/10/2012 1:00:16 PM): *****ALERT**** EXIT ALL LONGS - TATA STEEL / BGR ENERGY / ICICI BANK &. SBIN.

(5/10/2012 1:03:44 PM): *****NIFTY -ALERT**** Nifty if breaks below 5013 then fall upto 4974 can't be ruled out. Resistance @ 5031.

(5/10/2012 1:57:52 PM): Nifty Low Made 4960. Sell given at 5013. Book Profit.

(5/10/2012 2:05:10 PM): *****NIFTY-ALERT*****BUY NIFTY ABOVE 4974. SL 4950-4956. TARGET 5010 & 5050.
Low made 4950.95 (still on Hold)