MARKETS CLOSE TO ACHIEVE TARGETS 15500 - 15600
THE MARKETS ARE CLOSE TO ACHIEVE THE TARGETS OF 15500 - 15600. FOR MORE DETAILS CLICK HERE http://alliesfin.blogspot.com/2007/08/market-view-29-august-2007.html
WE HAD A NON STOP RALLY FROM 13800 TO 15500 WHICH COME TO AROUND 1700 POINTS GAIN ON SENSEX. WE FEEL THAT WE SHOULD USE THIS RALLIES TO BOOK PROFITS & WE SHOULD NOT START BOOKING PROFITS WHEN THE MARKETS START FALLING.
TRADING LOGIC @ THIS LVLS :~)
THE SMART & WISE PEOPLE LIKES TO BUY LOWER & SELL HIGHER. IF YOU DONT KNOW WHICH IS THE HIGHER LEVEL THEN DO ONE THING , IF U GAIN MORE THEN 10% OR ANY % U DECIDE & IF THT PRICE COMES THEN BOOK PROFITS WITHOUT THINKING THAT AFTER WE SELL THE STOCK MAY RALLY. U GOT URS PROFITS & LET OTHERS EARN IF THE STOCK RALLIES.
NIFTY INTRADAY LEVELS :
CLOSE : 4475
SUPPORTS : 4440 , 4400
RESISTANCES : 4500 , 4525
WE BELIEVE THE MARKETS TO TRADE RANGE BOUND TODAY WITH -VE BIAS.
BOOK PROFITS WHERE EVER U GET & WE ARE BOOKING PROFITS IN OUR LONG TERM PORTFOLIO.
