Monday, October 08, 2012

Nifty - Here comes the Bear ?!?!?

Dear All,

>Click the Chart to see on full screen<

If you might have read my Weekly Review - You should not surprised by the Sell off today. So as expected the Bear returns. Tomorrow 5640 act as a support. If breaks then only a fall up to 5560 comes in. If Breaks 5540 then a fall upto 5430 cant be ruled out in coming days.

>>TATA MOTORS<<

>Click the Chart to see on full screen<

Tata Motor - Following every week, now its time to short. As I gave a short call to my client

(08/Oct/2012 10:07:18): ****N4A-STOCK-ALERT****Sell N Hold TATA MOTORS below 278. SL above 284. Target 272,2xx and 2xx (all spot level)

(08/Oct/2012 13:52:26): ****N4A-STOCK-UPDATE**** TATA MOTOR: CMP:273. SELL GIVEN AT 278. PROFIT SO FAR 1000 X 5 = RS.5000. SMALL TRADERS BOOK PROFIT. OTHER SL CTC

Expecting more fall in coming days...Let see.