I HAVE UNDERESTIMATED THE SCENARIO OF A DEEPER CORRECTION
Incase of S&P 500 Index, printed below 1597 can open the DOOR to deeper correction towards the area of 1567 to 1497.
Pray to The God for taking support as 1597 to 1608
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BULLS WILL BE REGAINED THE UNDERHAND. A NEW ALL-TIME HIGH IS PROBABLE, BUT I DON’T EXPECT A MAJOR BREAK OUT.
Today I fill sick, so I am posting a brief weekly update… Just Click on Chart for zoom.
I am talking for long(Buy) for Nifty future, yes this chart is for cash Nifty.
May 18, 2013, I had discussed with you about fall of Nifty spot: Click Here and Compare with Today’s chart
This is weekly chart of Cash Nifty -I don’t expect “bearish activity” ahead…therefore, 5595 above…You can keep strictly stop loss below this level… Go for long in Nifty Future Or Stocks too.
COAL India LTD
(Cash NSE : CMP 298)
Buyer will jump on this stock between 295 and 297 (Hold This Stock 2-5trading secession)
Keep Strictly Stop loss 294 below… Grab this stock in heavy quantities for targets 307 to 311
Suppose to close above 311 then Targets will be 317 to 321
Bharat Heavy Electricals Limited
(BHEL NSE: Cash 175)
Buy This Stock in deep 174-172 and 168 to 169…You can trade in two-step : One is 174 to 172 and next for Average between 167 and 169
This Stock is for Swimming Trader Only (Holding will be for 4-6 Trading secession)
Exit from This stock if close 167 below in coming days
Wait in BHEL For targets 186-191 and 199-602 very soon
BHARTIARTL Given in Locked for Subscribers Only…
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BUY BHARTIARTL 285-283 Stoploss 279 Go for 301-304
ASIAN PAINTS LIMITED(ASIANPAINT)
Do you have patience? Then, Only Touch this stock.
This Stock for you if you are trading for 5 to 9 trading holding secession.
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