POSITIONAL NIFTY SELL CALL ::: SWING VOLUME PATTERN CHART UPDATE ::: RESISTANCE & SUPPORT ::: BEAR & BULL FEAR ZONE ::: 19TH MAY 2010

::(-_-):: SWING VOLUME PATTERN CHART ::(-_-):: ITS ALL ABOUT VOLUME GAME ::(-_-)::

Svp chart update : Last 7 to 8 days data showing low volume on rise and higer volume on fall
This is indicating soon will have good fall, we expect nifty spot to hit 4920 then 4870

3 days trend support comes at 5025 (below 5025 mild bearish)
5 days trend support comes at 4960 (below 4960 very bearish)

Positional Sell Nifty below 5025 Stop loss 5120 Target 4960 / 4920 / 4870 (spot levels)
Above is our last Short calls for this currect fall / correction
Now onwards we will be only giving Buy calls

TILL NOW NET PROFIT IN POINTS (388 + 170 - 40) = +518 POINTS MAY 2010 

FIGURE / NUMBER WOULD BE MUCH BIGGER DUE TO EARILER MULTI JOBBING

PLUS MINTED GOOD MONEY IN TATASTEEL (BUY & SELL) & JSPL (BUY)

Resistance at 5080 Above 5120 / 5156 / 5185 / 5214
Support at 5025 Below 5008 / 4960 / 4920 / 4870

Nifty 100 day EMA :: 5103
Nifty 200 day EMA :: 4890

Bear Fear Zone 5112 ::: Bull Fear Zone 5197

bulls will have full control above 5197 and will fear the bears

bears will have full control below 5112 and will fear the bulls

All Above Spot Levels

Still we keep our target of 4900 on nifty intact
Closing basis nifty is not below 4830 ... intraday may be possible
Start buying near / below 4900 level's all four stocks we have recmd in prev post 
TATASTEEL BWT 520-530 UPSIDE TRG PLUS RS. 200-250
JSPL BTW 610-625 UPSIDE TRG PLUS RS. 200-250
DLF BTW 260-280 UPSIDE TRG PLUS RS. 80-120
KFS BTW 42-46 UPSIDE TRG PLUS RS 20-30
IF WISH CAN ALSO BUY RELCAP BWT 620-650

All Above cash levels

OM SHRI GANESHAYA NAMAH