es

looking to go long on all dips to 1202-1195 with sl at 1186.75 tgt 1 : 1225-30 tgt2: 1250.

sensex

a lot of socks look poised for upside break which coupled with the fact that index is not falling with any speed, a nice rally is coming. worst case is sideways movement in index for a week or so.
stock focus is required.
i like jsw steel, idbi, infosys, hdfc, hdfc bank, litl, titan, andhra bank, allahabad bank, dena bank,
biocon, ge shipping as of today. new series should see some action especially with support from eurodollar.

shakeout

spx shakeout has happened.so a good run should come about-maybe 1275.

gold

i like gold ..though looks an obvious buy here , so just undecided.1130-35 seems a bottom.looks good for 1250 and 1400 or thereabouts.

real purpose

i am not a fancy reader of blogs, but just looking around ,
i ve come to realise that maybe the whole purpose of gaining technical expertise is not to make money through trading but to sell subscription based services!

ES

a good zone for short is 1195 tgt of 1171-68.stop 1205.25
shorting at 1186 doesnot appeal to me for its nearing support and stop is far.

volatility

like the volatility on spx.next run up on spx to 1250-1300 cannot come without a shakeout of longs.maybe thats what we are going to get here.