Nifty Trend Finder

Pivottrading.Net

Tuesday, December 18, 2007

For 19.12.07

Hi there,

We have closed below 5750. Okay now it seems that market is in mood to correct a bit more, though being Financial year end of FII, its nothing serious. One must be careful and do not panic. Companies balance sheet doesn't change in a day. You have chance to go for bargaining haunting. Some good script which was expensive for us, may be get cheap in this correction.

Okay

BIRLAVXL - I guess this is "BVXL" in NSE, not sure but in BSE it is what I am giving. Some script have no impact of market. They move their own way. Grab this. Just buy and buy.

TCS - Short below 1002.

Wipro - Short below 474.

Zeel - Short below 297. I see a bearish pattern for this, Closing below 276 in future will put in damn pressure.

FSL - Short below 67.75.

MANGLMCM - Short below 185. If it closes below 176.50. Will be more in trouble.

Patni - Short below 302.

Have a nice Trading Day

Kailash Pareek
09864030931

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