Tips for 22.01.2007

Monday, January 21, 2008

JAI SHRI KRISHNAEXPECT A MINOR UPWARD TREND UPTO 5400-5500 OF NIFTY AND CLOSING WITH FLAT TO NEGATIVE BIAS.
DOW AND NASDAQ FUTURES ARE TRADING LOW, AND WAITING FOR THE SIGNAL FROM THE GOVERNMENT THERE TO SUPPORT THE ECONOMY.
OUR LEVELS ARE CAUTIOUS, AND IF WE SUCEED IN FLAT TO NEGATIVE CLOSING AROUND 30-40 POINTS OF NIFTY, WE MAY FIND OUR BOTTOM HERE, ELSE A FURTHER DOWN OF AROUND 1200-1500 POINTS IS NOT RULED OUT.
A STEEP AND SMART RECOVERY WOULD START FROM FRIDAY OR FROM MONDAY AND CONTINUE TILL SETTLEMENT... MARGIN PRESSURE WOULD MAKE A GREAT IMPACT IN THE MARKET TODAY. LOTS OF TRADES WOULD BE SETTLED YESTERDAY AND MORE WOULD BE SETTLED TODAY.... CONSIDER SUPPORT BSE 17000-17200 - HOLD
BOUNCE BACK FROM OVER SOLD ZONE,
BREAK AND TRADE BELOW, MORE PAIC. KOTAK RISK MANAGEMENT: SAYS A DOWN FALL UPTO 16500 IS EXPECTED.... SO, CLIENTS SEND MARGIN CHEQUE IMMEDIATELY OR SETTLE THE TRADES, DONT BE OUT OF POCKET..... CONSIDER SUPPORT BSE 17000-17200 - HOLD
BOUNCE BACK FROM OVER SOLD ZONE,
BREAK AND TRADE BELOW, MORE PAIC.
MARKET IS EXTREMELY, EXTREMELY, EXTREMELY OVER SOLD.....
ANY TIME SHARP PULL BACK.... BUT TRY TO EXIT....
NIFTY FUTURE: TODAY RESISTANCE 5250..... EXPECT A DECENT SHORT COVERING TOMORROW MKT IF SUSTAINED ABOVE 5300 WE MAY REACH TO 5600+++ VERY FAST....
ONE MORE THING THE VOLATALITY WILL CONTINUE AND WE CAN AGAIN SEE A MAJOR CRACK IN FEB 2ND WEEKCONSIDER SUPPORT BSE 17000-17200 - HOLDBOUNCE BACK FROM OVER SOLD ZONE, BREAK AND TRADE BELOW, MORE PAIC.MARKET IS EXTREMELY, EXTREMELY, EXTREMELY OVER SOLD.....
ANY TIME SHARP PULL BACK.... BUT TRY TO EXIT....NIFTY FUTURE: TODAY RESISTANCE 5250........ DECCAN AVIATION.......BSE CODE : 532747
BUY AROUND 200 TO 201 WITH SL OF 180 FOR A TARGET OF 225 , 235.VERY SOON USA WILL BE CHANGED TO BSA ..... BARBAD STATES OF AMERICA .... FII -3300 DII +3400 NET BUY BY INSTITUITIONS +100 CRORES . ..IE PUBLIC HAS SOLD THEIR HOLDINGS AT THROW AWAY PRICES ........ POOR PUBLIC WHICH IS ALWAYS SCAPEGOAT..... BOTTOM LEVEL EXPECTED UPTO 4895 TODAYS BOTTOM (NEAR ABOUT) THE FUTURES AND DELIVERY POSITIONS SAVED WILL LEAD TO DECENT RETURNS... ONE MORE THING THE VOLATALITY WILL CONTINUE AND WE CAN AGAIN SEE A MAJOR CRACK IN FEB 2ND WEEKMARGIN PRESSURES WOULD LEAD TO UNWINDING OFF POSITIONS.... THAT THE OPERATORS WANT.... MARGIN PRESSURES WOULD LEAD TO UNWINDING OFF POSITIONS.... THAT THE OPERATORS WANT.... EXPECT A MINOR UPWARD TREND UPTO 5400-5500 OF NIFTY AND CLOSING WITH FLAT TO NEGATIVE BIAS. DOW AND NASDAQ FUTURES ARE TRADING LOW, AND WAITING FOR THE SIGNAL FROM THE GOVERNMENT THERE TO SUPPORT THE ECONOMY. OUR LEVELS ARE CAUTIOUS, AND IF WE SUCEED IN FLAT TO NEGATIVE CLOSING AROUND 30-40 POINTS OF NIFTY, WE MAY FIND OUR BOTTOM HERE, ELSE A FURTHER DOWN OF AROUND 1200-1500 POINTS IS NOT RULED OUT. A STEEP AND SMART RECOVERY WOULD START FROM FRIDAY OR FROM MONDAY AND CONTINUE TILL SETTLEMENT... MARGIN PRESSURE WOULD MAKE A GREAT IMPACT IN THE MARKET TODAY. LOTS OF TRADES WOULD BE SETTLED YESTERDAY AND MORE WOULD BE SETTLED TODAY....