NIFTY EOD CHART DT 16TH SEPT 2011
LAST WEEK POSITIONAL BUY CALL GIVEN AT 4935-4940
DID TGT 1 & 2 @ 5070-5080 & 5140-5160
NOW FOR THIS WEEK AND WEEKS AHEAD BULLS NEED TO WATCH LEVELS OF 5160
INVS H&S BREAKOUT ABOVE 5160 STOPLOSS 5020 CLOSING BASIS
CLOSING IS MUST ABOVE 5160 FOR CONFIRMATION
BREAKOUT WILL TGT 5680-5720 IN BTW TGT 5250 / 5470 / 5680
ONE CAN BUY ON CROSSOVER AND SUSTAIN ABOVE 10-15 MINS
BUT IF CLOSING BELOW 5160 EXIT INTRADAY ONLY
ALL ABOVE NIFTY SPOT LEVELS
IF NIFTY SPOT DIPS DURING THE WEEK 19TH - 23 TH SEPT 2011
ONE CAN BUY BTW 5050-5020 FOR TGT 5140-5160 SL 5020 CLOSING
ALL ABOVE NIFTY SPOT LEVELS