Friday, February 04, 2011

NIFTY ALWAYS MADE HIGHER TOP AND HIGHER BOTTOM SINCE 28.10.08

SINCE 28TH OCTOBER, 2008 NIFTY HAS ALWAYS MADE HIGHER HIGH AND HIGHER BOTTOM. MOREOVER, NIFTY HIGHER LOW NEVER BROKEN THE PREVIOUS HIGHER LOW MADE - A TYPICAL SIGN OF A BULL MARKET.

LOW MADE  : 27.10.08 NIFTY 2252.75
HIGHER TOP : 05.11.08 NIFTY 3240.55
HIGHER LOW: 20.11.08 NIFTY 2502.90
HIGHER TOP : 12.06.09 NIFTY 4693.20
HIGHER LOW: 13.07.09 NIFTY 3918.75
HIGHER TOP : 20.10.09 NIFTY 5181.95
HIGHER LOW: 03.11.09 NIFTY 4538.50
HIGHER TOP : 06.01.10 NIFTY 5310.85
HIGHER LOW: 08.02.10 NIFTY 4675.40
HIGHER TOP : 07.04.10 NIFTY 5399.65
HIGHER LOW: 25.05.10 NIFTY 4786.45
HIGHER TOP : 23.08.10 NIFTY 5549.80
HIGHER LOW: 31.08.10 NIFTY 5348.90
HIGHER TOP : 07.11.10 NIFTY 6338.50

NOW THE CRUCIAL POINT IS IF THE HIGHER LOW OF 5348.90. IF THIS DOESNOT HOLD THEN ALL HELL WILL BREAK LOOSE AND NIFTY CAN GO BACK TO 5100 AND THEN 4750.

EXIT ALL POSITIONS AT NIFTY 5415

EXIT ALL OPEN POSITIONS AT MARKET

EXIT ALL OPEN POSITIONS IF NIFTY CLOSES BELOW 5415

EXIT ALL OPEN POSITIONS IF NIFTY GOES BELOW 5400 IN INTRADAY OR IT CLOSES BELOW 5415.

BINGO 7TH TIME! LIC HOUSING REACHED OUR SECOND TARGET OF 187

ON 02.02.11 WE RECOMMENDED TO BUY LIC HOUSING AT CMP OF 174.50 WITH A STOPLOSS OF 168 FOR A TARGET OF 183, 187 AND 192. OUR SECOND TARGET OF 187 ACHIEVED TODAY. BINGO!

BUY SHRIRAM TRANSPORT FIN AT CMP OF 674.10 WITH A STOPLOSS OF 650

WE RECOMMEND TO BUY SHRIRAM TRANSPORT FIN AT CMP OF 674.10 WITH A STOPLOSS OF 650 FOR TARGET OF 698, 708 AND 722.

BINGO FOR THE SIXTH TIME! JP ASSOCIATES REACHED OUR FIRST TARGET

ON 03.02.11 WE RECOMMENDED TO BUY JP ASSOCIATES AT CMP OF 81 WITH A STOPLOSS OF 74 FOR A TARGET OF 88, 94 AND 97. (INVEST FOR 1-3 MTHS). OUR FIRST TARGET ACHIEVED TODAY. BINGO!

BINGO HI BINGO! NIFTY REACHED OUR FOURTH TARGET OF 5538

ON 01.02.11 WE RECOMMENDED TO BUY NIFTY AT CMP OF 5408 WITH A STOPLOSS OF 5380 FOR A TARGET OF 5458, 5488 AND 5512. OUR THIRD TARGET OF 5512 ACHIEVED TODAY. BINGO! NOW IF NIFTY SUSTAINS ABOVE 5512 FOR HALF AN HOUR NEXT TARGETS WILL BE 5538, 5563 AND 5589. OUR FOURTH TARGET OF 5538 ACHIEVED TODAY. BINGO HI BINGO!

STOPLOSS OF ADSL AT 135 TRIGERRED. EXIT

TODAY WE RECOMMENDED TO BUY ADSL AT CMP OF 140 WITH A STOPLOSS OF 135 FOR A TARGET OF 153, 158 AND 164. STOPLOSS OF 135 TRIGERRED.

BINGO ALL THE WAY! LIC HOUSING REACHED OUR FIRST TARGET OF 183

ON 02.02.11 WE RECOMMENDED TO BUY LIC HOUSING AT CMP OF 174.50 WITH A STOPLOSS OF 168 FOR A TARGET OF 183, 187 AND 192. OUR FIRST TARGET OF 183 ACHIEVED TODAY. BINGO ALL THE WAY!

TRIPLE BINGO! JSW STEEL REACHED OUR FIRST TARGET OF 933

ON 03.02.11 WE RECOMMENDED TO BUY JSW STEEL AT CMP OF 910 WITH A STOPLOSS OF 880 FOR A TARGET OF 933, 954 AND 978. OUR FIRST TARGET OF 933 ACHIEVED TODAY. BINGO AGAIN!

BUY DIAMOND POWER AT CMP OF 171 WITH A STOPLOSS OF 165

WE RECOMMEND TO BUY DIAMOND POWER AT CMP OF 171 WITH A STOPLOSS OF 165 FOR A TARGET OF 178, 184 AND 189.

DOUBLE BINGO! JAIN IRRIGATION REACHED OUR THIRD TARGET OF 184

ON 02.02.11 WE RECOMMENDED TO BUY JAIN IRRIGATION AT CMP OF 162 WITH A STOPLOSS OF 154 FOR A TARGET OF 172, 178 AND 184. OUR THIRD TARGET OF 184 ACHIEVED TODAY. BINGO ONCE MORE!

BUY BAJAJ ELEC AT CMP OF 216 WITH A STOPLOSS OF 200

WE RECOMMEND TO BUY BAJAJ ELEC AT CMP OF 216 WITH A STOPLOSS OF 200 FOR A TARGET OF 236, 244 AND 249.

BUY ADSL AT CMP OF 140 WITH A STOPLOSS OF 135

WE RECOMMEND TO BUY ADSL AT CMP OF 140 WITH A STOPLOSS OF 135 FOR A TARGET OF 153, 158 AND 164.

BINGO! KALINDEE REACHED OUR FIRST TARGET OF 154

ON 03.02.11 WE RECOMMENDED TO BUY KALINDEE RAIL AT CMP OF 145 WITH A STOPLOSS OF 140 FOR A TARGET OF 154, 159 AND 163. OUR FIRST TARGET OF 154 ACHIEVED TODAY. BINGO!

BUY ABAN AT CMP OF 678 WITH A STOPLOSS OF 650

WE RECOMMEND TO BUY ABAN AT CMP OF 678 WITH A STOPLOSS OF 650 FOR A TARGET OF 704, 718 AND 736.

BUY ABG SHIP AT CMP OF 354.80 WITH A STOPLOSS OF 335

WE RECOMMEND TO BUY ABG SHIP AT CMP OF 354.80 WITH A STOPLOSS OF 335 FOR A TARGET OF 373, 384 AND 394.