Nifty Trend Finder

Pivottrading.Net

Monday, December 17, 2007

For 18.12.07

Hi,

Hmm, Well Nifty did what I told to do, but I never though that it will be so obedient that it will mark the target of 5750 in a single day. Anyway, Now, If it closes below 5750 I will look for 5620-5630 and if it breaks even that then 5500. Don't ask me that what will happen if it closes below 5500.

Okay Lemme see if anthing there for 2morrow.


HCLTECH - Short Below 301.75. For a tgt 293. You can put Rs.4 for SL.

CUMMINSIND - Short Below 394.50 for 385.00. Closing below this will complete H&S and tgt is 1st 370 and 2nd 355.

TCS - Short below 1004. A stock you must short. tgt - 983

PATNI - Short below 314.75.

Well, Only this much for 2day.

Regards

Kailash Pareek
09864030931.

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