NIFTY VIEWS / OUTLOOK AND ROAD MAP FOR THE MONTH FEB 2011

WE DO NOT SEE ON CHARTS MARKET FALLING / CLOSING BELOW THE LEVEL OF 5310
BUT WE FEEL THAT TOMORROW I.E 07/02/2010
STOPLOSS OF RETAIL'S / BROKER'S MAY GET TRIGGER BTW THE LEVEL OF 5350-5340
IF MARKET OPEN GAP DOWN -50 - 70 POINTS USE THE LEVELS FOR BUYING
WITH STOPLOSS OF 5310 TWO DAYS CLOSING OR WEEKLY CLOSING
WE SEE ON CHARTS MARKET HEADING FOR LEVELS BTW 5750-5800 BEFORE A FURTHER LEG DOWN
 
IT IS ADVISABLE TO BOOK LONG BTW THE LEVELS OF 5750-5800
AND WAIT FOR MARKET TO GIVE CLOSING ABOVE THE LEVEL OF 5840
FOR RE-ENTERING LONG FOR LEVELS OF 6040-6170
ON CLOSE ABOVE 5840 STOPLOSS WOULD BE SEND LATER
BUT CLOSE ABOVE 5840 LOOK UNLIKELY AS OF NOW ...
TIME WILL ONLY TELL THAT

ONLY FOR RISKY PLAYER'S: ONCE BOOK LONG BTW 5750-5800
CAN TAKE FRESH ENTRY FOR SHORTS WITH SL 5840 ON CLOSING BASIS FOR 5400-5500 & BELOW

ALERT:- IF MARKET CLOSE BELOW 5310 THEN IT WILL CREATE PANIC IN MARKET
AND WILL FALL DIRECTLY TILL 4800 LEVEL IN 3-4 DAYS ONLY
CAN KEEP STOPLOSS AT 5425 ON CLOSING BASIS
HEDGE YOUR PORTFOLIO BY BUYING 5200 / 5100 PUTS ON DAY-1 CLOSE BELOW 5310

MORE UPDATE WOULD BE SEND SHORTLY AND FEW OF THE STOCK PICKS TOO


OM SHRI GANESHAYA NAMAH