Nifty Trend Finder

Pivottrading.Net

Tuesday, January 8, 2008

for 09.01.2008


Hi,


Well before anything else I must point out one thing. I watched the whole day movement of Himachal Fut. (HFCL). Have you guys noticed the heavy volume. On 1st half all shares were traded at freez label then it went down. I got to see one thing that one time the average traded price increase and I got the point that yes the rumours about it, I am getting, have some thing. Now, what is that rumour. Well, though it still not confirm, but, I got from good person that it may be included in F&O segment. :) . And there was record volume in both NSE and BSE. Something cooking out there. Now, what we have to do??. Again, Should I tell you ???. And look a bit long period with MACD. There is no negative Diver.. and It started its move with positive Diver.. It was accumulated nicely.


Now, click on image above , and look what Sensex is telling us. Just breakout from IH&S. To-day pulled back to neckline and moved upside again. Have you noticed the upside bias of pattern?. Well, I guess its enough to put my point that there is still some move ahead.
Now, Let me see if anyother is there.
GODREJIND - Buy above 490. I remember it was given at around 250.
SBIN - Buy above 2503. This was given at 1700. Pallavi please post your comment that I told you at that time that split and rights on the card.
Still, you think that you want to short something, below is safe bet to short.
INDIACEM - Short below 270.
ZEEL - Short below 303.50.
KPIT - Short below 120.
Okay guys bye for now. And keep an eye on Himachal (HFCL).
Kailash Pareek (johnny)
09864030931.


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