Nifty Trend Finder

Pivottrading.Net

Saturday, February 16, 2008

Next Week

Hi,

Ms. Pallavi was in contact with me and she finally got out from Essar Oil at costing. She in Loss above 50k I guess. She happy, so I.

Okay market gave us some relief, but, its not party time. We are at critical point.

I alerted you guys for 5500 Nifty. Yes, Nifty after making high above this fell to 5107 in a single day. Do you remember thisJ? Again last rally ended at 5545.This is major resistance. Closing above this will give us target of around 5620-25. This is the figure. I want closing above this, else we may see a new bottom or at least double bottom. “NO BODY CAN BREAK MY RULES, NOT EVEN JOHNNY”. You are happy? C’mon man look Nifty just moves from 200 SDMA, It’s just respecting that. We must remember that we have seen two closes below 200 SDMA of Sensex and we are moving up with very low volume.

One more thing I would like to tell you. Do you know that the man who bought 25% silver of world still lives in same house he bought 50 years back? He does not carry cell phone. He drives his own car; he does not have driver or any security guard. He donated $31 billions to charity. He never travels by privet jet, although he owns the world’s largest private jet company. I am talking about “Warren Buffet”. It just because one is living in old house or out side the city means not that he is poor. His few advices are given below:-

Money doesn’t create man, but it is the man who created money.
Live your life as simple as you are.
Don’t do what other say, just listen them, but do what you feel good.


Okay for day trader some are given below:-


IOC - Buy above 572. Well this is the scrip I gave three times. Giving again.

CESC - Buy above 558.

HINDPETRO - Buy above 320.

CAIRN - Buy above 216.

You guys can’t type???

No comments. Tell me what you want? Do you have any suggestion? Tell me.


okay bye

Kailash Pareek (johnny)

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