intraday

update at 9.15 am
sell nifty at 5205 sl 5235.T- 5170-5150.
update at 10.20 am
-ve divergence seen in RSI 5 min chart,
if ORB give a up side breakout ,cover short & go long at 5208.
update at 2 pm
book partial profit at 5135 if close below 5145 hold short.

intraday

update at 9.45 am
sell nifty at 5260 ,t-5229,5200 .sl 5177.

intraday

update at 9.35 am
as per orb sell nifty at 5276 ,t- 5256-5237.
sl 5294. (fut)

intraday

update at 10.08 am
as per orb sell at 5285 ,t- 5256-5215.sl 5305 (fut).

intraday

HAPPY NEW YEAR TO ALL

update at 11.10am buy nifty at 5225 s& r 5200 .
up t-5240-5260
down t- 5185-5160

weekly report 29-12-09

In daily chart nifty touch the 5182 third time & try to break out but it close below it ,daily momentum is strong so hope it cross it with good volume & heading to 5300-5376-5500.MACD turn +ve .












In weekly chart nifty close below the trend line last week,but in this week nifty cover all downside in single day & close above the trend line . weekly momentum change -ve to +ve & trap the bears.Nifty break the upper range of 5182 but not close above it,close above this range nifty t-5225-5300-5376.-ve divergence seen macd.













In monthly chart nifty in a range last four month ,nifty touch the 52 week high & close highest point of this year.Closing above this range nifty go into new range t- 5376-5500.
OVER ALL
Nifty close 52 week high & hope break out & t-5300-5376-5500,
IF THIS IS TRIPLE TOP I BET ON IT THAT NIFTY T- 4500-4550.
HAVE GOOD WEEK

intraday

update at 2.57 pm
book partial profit at 5195 on stop & reverse call

update at 2.10 pm
sl revise to 5157 stop & reverse [spot]

update at 1.37 pm
sell nifty at 5148 sl 5163 spot