Dec 15, 2008

market outlook in this week (15-12-08)

From last couple of weeks my calls not activated and closely watching the breakouts. Last week with good global cues nifty crossed the 2860 very strongly hence the medium term trend is positive, Nifty should have gap up open on Monday likely to open above 3000.

Go short on nifty above 3000 with a stop loss of 3140 targeting T1:2890 T2:2775. (This call should be taken on Monday only.

With thanks
Be and make

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