Monday, May 31, 2010

still more tgts

bharti > 272 rocket move to 288 hot
tv 18: 105-108 hot
andhra bank: 150+ hot
axis bk: 1275
hdil > 235 tgt is 250+
itc: 293 hot
indiabulls > 159 tgt 190

more tgts

more tgts

bgr energy: 680 hot
ongc:1205
ivrcl - hot: 245
punj :(-) 105
lupin: 1925,1975
m&m: 645

immediate tgts

long in some stocks;
ifci: looks solid, 57.50.once it crosses 60 real upmove will be seen.
uco bank tgt 82-83.even 90 looks on card
vijaya bank: 62-63.
pfc: 312
bhel:2392-2404,2455

Thursday, May 27, 2010

equity

sensex: no sign of weakness so far even on clearing day which is surprising.so i will continue to have no position till some clarity returns.tomorrow maybe 5070 levels be a levl to watch out for.
also after one fake close it is back on closing basis above 200dema.

spx.
strength is suggestive of a rally to 1125 levels atleast and hopefully all declines to 1085 levels will be bought into.

Wednesday, May 26, 2010

sensex

todays upmove got the index out of a tricky nested formation which would have been really something and would have damaged the structure.
still there is hope and one decline to go, which lets see where it leads to.
on the nse 4950-70 will provide a nice short entry.i will be looking to short here on any weakness for one good decline to a new low.

Tuesday, May 25, 2010

spx

if spx goes below 1025 then, for me, it is a sign that the rally high is in.so i ll be watching this now.it is going to bounce from these 1025 levels(if achieved) and come to 1100 which seems a good level to short in qty for 900 kind of levels.