nifty calls

Good Thread Started-technically Explained Well.
I My Self A Technical Trader Doing So Well Feels Also The Same
That Market Will Definitely Fall On Monday 06.08.2007
Logic Behind This Also Explained As Above.
Mr.hemant Kapadia - Analyst Told On T.v. That Market Falls On Friday But As My Openion It Will Fall On Monday & Not Friday.

Thanks
As156
 
magnet calls for monday

now as i said at the level of 4440 that mkt. will face stiff res. around 4550, and from there it will come down to 4310,mkt take u turn from 4532 and touched 4322 on thurs day.

i also said that one can buy nifty at 4310 with the sl of 4294 for the tgt of 4450 and mkt. once again took u turn from 4320 and friday high was 4428.

so hope u earned a little bit money.

now what,
after a intial decline mkt may move up to our next tgt of 4450, where it will feel res and there u can see partial profit booking after which it will move towards the level of 4485.

so over all we will see zig zag pattern which has a tgt of 4485.
support emerges on 4310.

correction is not over yet

any day break of 4310 will take indicies towards the level of 4250, break of 4250 will take indicies towards the level of 4135

so sell on break of 4310 for the tgt of 4250
sell on a break of 4250 for the tgt of 4135(but don't expect that )

4135 is max. that mkt can correct up to.
where one can buy with the sl of 4130 for the tgt of 4400

warm regards
magnet man:)
 
magnet call for tuesday

two elephants r fighting,don't be part of this fight,because in the fight of elephant grass always get crushed.
let one of them win , let one of them take control in his hands.


res on upside is 4410 and 4450
support 4275 and 4230

taking global clues mkt shud open with gap on upside.
but chances r rally will fizzeled.

play intra for time bieng.
do not take any position at home.

warm regards
magnet man
 
Re: magnet call for tuesday

two elephants r fighting,don't be part of this fight,because in the fight of elephant grass always get crushed.
let one of them win , let one of them take control in his hands.


res on upside is 4410 and 4450
support 4275 and 4230

taking global clues mkt shud open with gap on upside.
but chances r rally will fizzeled.

play intra for time bieng.
do not take any position at home.

warm regards
magnet man
Good post,good advice,my friend..........

Saint
 

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