March 14, 2009

positional short call of nifty given earlier....


those who shorted nifty should hold it for 3-4 days more so as to get our tgt 2480 minimum.....as per grafical ewi study nifty is in wave --c---to wave---d--- stage...from monday onwards it will fall little dwn till 2660--2600 spot level and again will zoom up up to 2800--2830 spot level,,,,here u can add more short of nifty to complete wave--d---and from that level it will slide till minimum 2480 spot level then 2290 not more than that,,,,here u can book all ur short profit....not to worry at all...........but after touching 2300-2290 spot ...do not short any thing as nifty may take up turn and may go up up up up to 3000--3200--3600 spot level in longer term.......all bears will be trapped in this moovve...so be catious.............

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