Wednesday, May 21, 2008

>NIFTY VIEW

Nifty gapped down but unlike most of the world markets recovered smartly and closed in green,If you are long in NIFTY 5050 remains trailing sl for longs with short term trendline support at 5000-4980 trade accordingly




regards
Rish

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.