28/MAY2010

exited longs in nifty @5030 fut,, seems facing res..!!
unitech / suzlon are in fresh queue
sbi seems very risky ,, just for intratrades

27 MAY 2010

nifty which showed bottomed out but swaped down 100 points more still good we are out of woods and standing at good level of bull / bear.. still longs with stop now increased to 4950/4980area,,, still with tgt of 5100 near about,,, where i would certainly start creating short positions,,,

stocks for tom ...SBI which i intende dto buy belwo 2000 but not getting oppurtunity
unitech still in hold!!
and LT too

26MAY2010

mkt did recovery but again slided,,,and went to hold the critical support of 4820
still long in nifty positions as it has crossed teh 4920 hurdle today...and with hope might open with gap up tom @4940/4950
trailing stop is 4875..where quite good accumulation vol was observed
still intact that this pull back rally can move till 5100
nifty moving down in channel

stocks for tom,,

gmr / unitech /Lt/infosys / hindalco,,,,for long

NIFTY TO PULL BACK--24TH MAY

mkt,,,now showing signs of recovering,,and bounce can be till 5150 maximum




long positions.. of any stock in eod has not been triggered till now



but nifty and bharti has shown bottom signal for time being in my charts and indicators



the trend line in this chart shows movement of nifty in down channel

nifty is having quite trouble in climbing up and seems quite slippery on low levels without any pain



overall again 5150..above can be shorting levels,,,and 4900/5000 range can give chance for long positions