Tuesday, May 20, 2008

>SESAGOA

Sesagoa is trading in corrective wave can target 4000-3800 levels in coming days before starting to move up again chart is attached.

>Trading day 20th may

Nifty gapped down today after three days holidays banks were the culprit Real estate too was under pressure

BHARTI literally forgot to rise since MTN stake buy talks initiated:)Well bharti is nearing its supports if it holds 800 a corrective rally in BHARTI can take the stock to 855-860 levels at least,Well ,If you wanna try a trade in bharti try to trade in it as close as possible to 800.

Hdil spurted unlike other realestate players which plopped today theres a buss about HDIL that it may announce bonus anyhow technically 870-880 is the place where it may see selling pressure.

Thursday, May 15, 2008

>May 15th Trading day

Nifty gapped up and held that gain through out the day unlike last few trading days where nifty fell considerably in last hour or so,

But today last hour nifty broke out from the intraday range to close above 5100 if nifty continues to hold 5100 we would target higher resistances in coming week range for may most probably would be (4900-5300) we almost touched 4900 the other day .Today orchid did exactly what I was expecting from it after it touches 280+ can check the previous post on this here....

Lets try to analyze how Bombay dyeing may move in coming days chart is attached...