BOTTOM OUT STOCKS

since few days ,,,one   common thng in nifty we can see is  gap opening / gap down...and fullfilling of gaps,,,and then uncertainity,,,,seems everyone is waiting for bulls to take position when budget enters into their head/ and bears shorting at every high levels when ever we are having noted levels around 4920...!!!
for me,,, selling calls,,,,of 5100 and above is,,, suitable...on every rise,,,too
and buy around 4800 levels and below...positons are becoming risky on eod basis,,,,since the stop profit has already hit on friday,,,,
only pos was the weekly closing of nifty,,, above 4820 but preferable was 4850...and above which  made me,, exit longs in nifty,,,on pos basis

more on stocks,,, found few,,, which have bottomed out,

lever,,,around 228......now @245,,,,(posting too late)
sbi......around 1900,,,,,now 1911....firsttgt can be 1965
rcom,,,,,,around 160.....now 160....first tgt can be 177

falling wedge pattern in dlf,,,,,around 284,,,,and in addiion bottom being formed,,,,here

my preferences will be  SBI/  DLF
AROUND 1900/ 280 LEVELS

NIFTY18/02/2010

even after good break nifty could not sustain or close above 4950 which is my ultimate tgt for this week to gain confidence amongst bulls.
yesterdays candle was pinching me the whole day,,which has forced me to exit all nifty positions,,,,and mnay stock pos also,,,but still my ultimate stop is 4850 the low of the parallel line,,,
today at last hours was aforamtion of falling wedge which gives tgt of nifty 4930 which could not get accomplished today.... so might see tom,,and weeks end ,,, how the story turns up!!
4850...on close should be maintained,,, any how,,, and for smiling face for bulls like me 4950 to be crossed

NIFTY16/2/2010

so we finally had nifty break above the two parallel trend lines marked and the tgt might be the first blue line @4970/@4990...
'its time highly to exit on this up moves,,, slowly,,,and sit in cash...the highs above 5100 are likely bull traps!!! and time to buy puts,,, or sell calls a sper risk facor!!

nifty 1/12/2010

MARKET 2FEB2010

the three days candle in nifty fut chart,,,bullish harami/ doji..pos on imp dma/ third... the rev confirmed today

likely we might see a gap up of few points tom,,, immediately crossing 4920...
and tgts a sper eod charts is 4975....and final can be upto 5030 and from where the new trend can be analysed

few stocks,,, reliance/ grasim/ sbi/ infosys...bhel/ bel will be on limelight