Jul 28, 2008

market outlook in this week (28-07-2008)

Last week, government showed the strength. Very luckily I made a huge money on my call in case one. I expected that if govt sustains then RPL will skid further hence I gave straddle call to buy Nify and RPL. But, after surviving also both are went up and gave me big money. This week markets are range bound 4050-4550. So, when the Nifty reaches the 4050 go long targeting the upper end of the band and vice-versa. In my view, market may not fall below the 4000 in the near term but bear market is not yet over(yet not got such signals).

3 comments:

Capt Anil Sharma said...

Many thanks for leaving your nice comments on my Blog . I really appreciate your Compliment :-) Many thanks for nice knowledgeable postings on one of the topics where Common man does not get a nice and honest feedback.
By the way my name is Capt Anil Sharma , I am 43 years old married man with 2 wonderful daughters and 2 naughty Labroder Puppies. It is very nice to know you.
Thanks and regards
Anil Sharma
anil.k.sharma@hotmail.com

Capt Anil Sharma said...

Dear Kalyan , Many thanks for your encouraging words on my Blog . I am elated :-) .
I like the in sight you have in Money and Finance and Needless to say really appreciate the content and layout of your Blog . In fact I keep on visiting that almost every day to look at some fresh perspective :-) Let's say i am getting greedy :-) lol

My thanks once again
Have a super nice day and Ma Laxmi's blessings
Regards
Capt Anil and Family
anil.k.sharma@hotmail.com

Be and Make said...

dear capt Anil - Thanks for your good messages. I think its a great honor for me and i will try to retain it. Yesterday i gave a trading call on RPL and i think you gone through it.
with thanks
be and make