Jun 23, 2008

Market outlook in this week (23-06-2008):

Again both T1 and T2 targets achieved in the last week. Every thing going nice for me at this point of time and almost going with 90% success rate. This week too markets may go down further till it reaches the 4208 level. From there we can go long anticipating the technical bounce back. So, the call for this week is:
Condition 1: At the current price go short nifty targeting T1:4290 T2:4208 T3:4165.
Condition 2: At/ around nifty 4200 go long targeting T1: 4335 T2:4450 this pull back might be strong and will go up to 4550 level.

with thanks
k a l y a n

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