I will be taking a break from blogging for a MONTH OR TWO , after having given techinicals here daily from the last almost TWO YEARS. Kindly do check back on 1st july or august to see if i have resumed here..Hope people following the blog from 2008 would have benefitted with the simple technicals i have always tried to post here..Good Luck for your trading..please follow the markets and keep strict SL's..cheers
We are still offering our NIFTY FUTURE/OPTIONS POSITIONAL CALLS to our paid clients..Any one who is interested can drop us a mail for the special prices or chat up in yahoo..
bhrajan@gmail.com
rjn_bht@yahoo.co.in
power house for nifty technicals and stock market fundamentals with charts and technicals.
Friday, May 28, 2010
SHORT COVERING
The settlement day went in favour of the bulls , markets surged beyond 4930 towards the previous highs..Global cues are positive and we pass over the last high towards 5050-80 zone where some supply can come..do BOOK LONGS today which were bought in the PANIC DIP OF TUESDAY..4930-60 would provide support in coming days to the bulls and only below it will weakness be there ..trade accordingly..enjoy the day & weekend ..cheers
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