Yearly Archives: 2008

Can see a bounce from 139-141 levels or else go short below 138 Wait n Watch at 138 Levels

Buy this stock at cmp or add more at dips for a month or so GDR Issue is offing may rock any time BOok Profit in NIfty PUTS and add more at lower levels BHEL at its support add now and more at dips Sell SBI on strength around Rs.1,527/1,535 with a stop of Rs.1,546.… Read More »

People are yet to get over the historical collapse of the US financial markets last week and the resultant meltdown on Dalal Street. Yesterday’s run-up on the price of crude led to some more anxiety. And in all this anxiety, a news which otherwise would have boosted the markets, went seemingly unnoticed. Yesterday evening, the… Read More »

Nifty Bounced from Lower Levels Made double bottom at 3800 which means a Intermediate Bottom has been formed and can see a bit of Upsteam Nifty charts updated in Previous post. People who bought Reliance BHEL and other scrips recommended in previous post should have good money All stocks showed a good bounce and some… Read More »

WEEK GONE BYHead & Shoulders Neckline breach saw target bottom of 3800 tested as anticipated. Also Market put a surprising 10%+ pullback from lows.WEEK AHEADDouble Bottom @ 3800 signals a medium term support. Any weakness could be used to trade long now. Weekly Support 4090, Weekly Resistance 4450-4560. Nifty Strong/Weak Above/Below 4200 for the week.

Selling Excepted in Rpower Once 155 gone Gap of 142 to 147 needs to be covered so a tgt of 142 can be reached in coming sessions

Nifty can make new low in coming days and we can see a bounce from there Heavy FII selling is excepted in coming days Hold cash and enter with 25% of cash at 3700-3800 Levels.Only fill ur portfolio with large caps Reliance is a Buy around 1750 Levels UNITECH is a Value buy can see… Read More »

Globalisation today seems like a double edged sword. If we were celebrating the big way in which major FIIs of the world were queuing up to invest in the Indian stock markets and also in major projects through FDIs, today, that same investment looks like a big burden. What we used to say with pride… Read More »

NIFTY WILL SEE RELIF RAALY IN COMING DAYS BUT I STILL EXCEPT TO OFFLOAD POSITIONS AT ALL HIGHS. I HAD ALREADY UPDATED NIFTY MEDIUM TERM VIEWS IN AUGUST AND IT’S ALL WORKING ACCORDING TO AS PREDICTED HAVE A LOOK AT THIS ONE. http://brameshtechanalysis.blogspot.com/2008/08/nifty-medium-term-elliott-wave-theory.htm DOW ZONE CURRENTLY 35 POINTS DOWN CAN SEE A REVERSAL AFTER FED… Read More »

Markets with good IIP numbers , low inflation data , low crude prices are at present very attractive.Nifty view already updated http://brameshtechanalysis.blogspot.com/2008/09/nifty-view-15-19-septemberbmp.html If there is no Bail out for Lehman Brothers than we can open week and may go below 4200 in opening hours.Keep an Eye on 4156 Nifty Levels as per cash.Can see a… Read More »