Thursday, May 18, 2006

massive thrust(nifty)


yesterday market(nifty) spurted smartly and as the day progressed momentum kept on increased and in the end closed the day with a massive 100+ gains and we did cross 3620 with a small hitch but the dump we saw in US markets warrants an close and catious approach towards markets dnt be too optimistic wait for a clear trend else wait and watch will be a best strategy.I have posted end of the day chart.
cheers
rish

Wednesday, May 17, 2006

NIFTY updates


is this a HS in making keep an eye trade cautiously
cheers
rish

PATNI


patni beaten badly above 385 expect 400 buy for delivery
will be updationg on this
cheers
rish

VOLTAS idea


voltas is moving in a channel it bounced from its channel
support expect it to touch channel top and we can see a
nice spurt above 1100 which is max resistance.
cheers
rish