NIFTY 10.01.11

NIFTY QUICK UPDATE


NIFTY HAS CRASHED IN LAST 2 DAYS VERY HEAVILY . MY NEXT LEVELS TO WATCH OUT ARE 5725 AND 5690

NIFTY 09.01.11

NIFTY DAILY CHART :

MOVING AVERAGE: NIFTY MADE A LOW OF 5883 WHICH WAS AT  THE 100 EMA AND CLOSED AT 5904  DOWN 143 POINTS

WHAT NEXT:  NEXT SUPPORT ARE AT 5845 AND 5815

NIFTY 05.01.11

NIFTY DAILY CHART :


RETRACEMENT:  NIFTY HAD FACED AT 6185 WHICH 76.4 % FIBO LEVELS TWICE  AND HAS COME DOWN FROM THOSE LEVELS AND CLOSED AT 6079


WHAT NEXT : NIFTY HAS STRONG SUPPORT AT 6015  WHICH IS CRUCIAL LEVEL AS IT IS THE 50% OF THE ENTIRE RALLY FROM 6338 TO 5690

ABG SHIPYARD 26.12.10

BUY ABG SHIPYARD  :

APOLLO HOSPITAL

Apollo Hospital : Buy

Details will be given Shortly

Update On Recommedation

My update : First of all  happy Diwali and prosperous new year to everyone . My absence for last 1 month was because  i was  visiting kerala(God's Own Country ) with my family and friends

I am updating my recent calls and will be posting fresh calls very soon

GATI LTD :  Gati made a high of  78 after my Post but along with the market it  has corrected and is currently trading at 68.85

Next support are at 67.35 and 64.30(IMP)

Conclusion : The stock did not perform according  my expectation and from here it is likely to consolidate around this levels


COLGATE :  Colgate made high of 1004 on 9th nov with huge volumes , At the time of recommendation it was quoting at 845

Currently it is trading at 883 which above the recommended price of 845


Conclusion : The stock has performed very well giving returns of 19 %  at 1004 in about 20 days
Hope people made money on this call

GATIL LTD (B) 17.10.10

GATIL LTD DAILY CHART :


MOVING AVERAGES: GATI HAS SUPPORT  OF 100 EMA AND 100 SMA AT 72 WHICH  WILL CUSHION THE FALL IN CASE OF BREAKDOWN FROM THE TRENDLINE


A BREAK ABOVE THE UPPER TRENDLINE i.e ABOVE 77  WITH GOOD VOLUMES CAN TAKE THE STOCK TO 80.60 , 83.30 AND 85