Time To Stick My Neck Out "Nifty 5000"

[uasish]

McDowell SL Hit (only brokerage loss) ,Nifty Fut SL Hanging on the teeths from the cliff.
Innocent_trader ( cant vouch for him becoz he was not at google talk regularly on Friday,however the call was posted to him) & self bought Hind Oil Explo on Friday at 3.28 pm now (+)5.42 % .

Hi,
Hind oil Explo bought at 67.10 on 13th April ,liquidated 80 % here at 85.90
(20 % upper circuit), only with God's blessing .

Asish

 

[uasish]

Balance 20 % is Free with Profit

 

[innocent_trader]

hi asish

Hind oil Explo going great, too bad i couldn't enter at right time, missed ur messages, will try the best to keep up with u in the future

regards

 

[uasish]

Hi,
Weekly chart developing shift projecting a Down Tgt of 3904 (Gap Area) & 3865 ,but the shift is yet not promminent.

A fairly possible scenario if closes below 3965.

Res:= 4031 / 4044 / Lakshman Rekha 4058.70 (difficult strong Resistance)

Supp := 3985.70 (To-day's crucial Supp) / 3976 (minor Supp) / 3961 / 3931 / 3903 (Gap)

Strategy:
Will Short if get a 1st Hr bounce Up to 4044 level SL 4061
otherwise will do nothing becoz the Risk/Reward is not favourable.

Asish

 

[uasish]

Aban Ofshore:

An action expected in this stock to-day.The following are on Cash Mkt figs.

Breaking 2319.75 & 2368 on Upperside will give Bullishness.

If to-day's High is 2314.05 to 2319 will Short in Fut (to hold position if
necessary) with SL = 2343 ;1st Tgt= 2206 to 2191 / 2127.

OR

If 2368 breached on Upside will Long SL= 2319 Tgt = 3029

Asish

 

[uasish]

Shorted Aban in Fut @ 2319.00 with 2326 SL

 

[uasish]

Just now covered 50 % Lot @ 2296.00 .Now Risk is (-)ve.

 

[uasish]

Mkt humbeled me in the morn with 5/- Loss in Cash Mkt in Tech Mahindra

 

[uasish]

Covered Aban Fut @ 2256 at 3.26 A Profit of Rs 63/- in 50% Lot & 23/- in 50%.God blessed me.

 

[uasish]

Hi,
Nifty Fut did nothing & it did not close below our crucial weakness level to-day.All through out from opening bell ,it was over 3931 ,(though Low = 3926) around 12.40 Nifty Fut came near to 3937.From 1.00 pm Nifty Fut traded around 3956 level & after that our Crucial Level of 3965 provided Supp at 3.00pm onwards.Mkt did not comply as per my strategy hence sifted to individual Stocks.
Let us see EOD Data.

Asish