Thursday, February 28, 2013

BIG FALLS

LOOK AT FALLS IN DIFFERENT INDICES FROM RECENT TOPS.

LARGE CAPS : 7 %

MID CAP : 15 %

SMALL CAP : 20 % 

EK BOUNCE TO BANTA HAI FROM TOMORROW LOWS........A RELIEF RALLY.......? 

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update as on 11.03.2013

we have seen good bounce back from lows made at 18760.
today's high is at 19755 very close to lower top made at 19742. it is advisable to book profits in long positions taken at lower levels.

Wednesday, February 27, 2013

Bullish Alternative

market is correcting since 29.01.2013 and higher probabilities are of making intermediate top at 20204.looking at strength in today's market which may be a short covering due to f n o expiry on 28th as well as budget, an alternative is attached herewith.breach of 19k again will make it invalid.