Bounce or Reversal !!! but As expected from 18900!!!

Back with some posts yet again after a 2 day break.....hope everyone enjoyed the festive weekend...

Sensex technical View :

Throughout the peaks and troughs of sensex in the last so many months we have been consistent enough to identify important reversal levels . people can check the important days in the past and go through the post during the same time !!

Current View :
We had sent an exclusive chart to our clients at 18900 that we expect a bounce and the analysis for the same was presented .... Currently still the 20200-20400 range needs to be crossed convincingly in less then 8-10 sessions to give a clear breakout on the SENSEX . The best strategy is to be highly stock specific as the real gains are not seen on whether Sensex or Nifty is up!!!Dont be overleveraged or on margin as good money can be made much easily by good discipline.

Some messages sent in the day to clients in last 2 days...

19-Dec-2007 14:51:23

High Risk players can look to buyt 2-5 lots of Nifty 5900 call option at 26-30 with a consideration as loss.

19-Dec-2007 15:24:04

Book the call option Nifty 5900 at 45-50-60 one by one..

( the call option did 50 from 28 intra day itself ...............advised booking next day ... yesterday it did a high of 200 ... we booked it early though 🙁


24-Dec-2007 11:44:23

EVERONN systems buy small qty at 795-800 add at 775 for short term delivery ... Momentum above 805 if it sustains. tgt 900-1200

( from 800 it has freezed at 919 in 2 days !! still strong and shud go to 1200 !! )

26-Dec-2007 10:19:12

High RIsk call : buy VARUN INDS at 120-122 with a stop of 116 tgt 134-145 in short term ... Small exposure.

( 122 to 135.75 intraday itself ....does 20% % freeze )

Some other calls also have been initiated and are going strong.... cant reveal them now though ...

For ANALYSIS THAT WORKS : https://analyseindia.blogspot.com

TECHNICAL ANALYSIS SESSION BANGALORE TENTATIVELY SCHEDULED FOR JAN 19-20 . INTERESTED PEOPLE CAN CONTACT NOORESH 09819225396 or mail to noorrock2002@gmail.com . ALSO PEOPLE INTERESTED IN PUNE AND INDORE can get in touch ...


Stocks to watchout for :

HIND PETRO <>

Karuturi Networks looks excellent on the charts and fundamentally a very niche sector .... Investors with long term view can accumulate the stock for good returns in next 3-6 mths... Short term 300 is possible...Disclosure ( Clients reco for long term at 230 and before also )

Nagarjuna Construction above 360 can tocuh 400 + in quick time,,,, Madhucon , gayatri , Prajay and other const stocks have seen good buying ... this heavy weight is still left....\Watchout

AMD METPLAST can buy with a stop of 57 for a tgt of 75 + in next 2 weeks ! ...High risk Day trraders can look towards Indo Wind energy for 5-10 % moves..

Weird Pennnies :

Mangalam Drugs , Eonour Soft , Hindustan Bio ..............satta stocks for non stop ckts... get in line at 9.55....

Speculation and Talk of the Town ( technical bias ) :

TISCO set to cross 4 fig mark convincingly ........

CIPLA seems takeover or stake etc is near to completion and can do 250 also in good sentiments..

ITC seeing smart investor buying .... above 210-215 can see unexpected jump./////


FOR FREE SMSes : : SMS ->JOIN NooreshTech to 567673434SMS


Best Regards,

Nooresh

09819225396

noorrock2002@gmail.com

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