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Monday, July 13, 2009

TRADING DAIRY FOR 14/07/2009


13/07/2009
Market After Gap Down Opening Were Not Able To Touch 4000 Levels And Drifted Down To 3918 Lelels And Slowly Trying To Fill The Gap Made At The Time Of Election Also As Markets Are Over Sold And If Globle Ques Are Positive We May Have A Small Rally To 4080 Levels It We Hold 3950 Tomorrow Or Else Drift It Down. On Can Buy Intraday At 3950 For Tgt Of 4050 Sl 3925
DOWNTREND LEVELS :
4378.52 – 4184.66 – 4163.12 – 3870.17 – 3616 – 3361.83
LEVEL FOR THE DAY
TECHNICAL OUTLOOK :
Imp Support 3950, Imp Resistance 3999,
Likely Trading Range 3925-4020,
Trade on long Above 3950 and Vice versa
Note :- Please don’t use this levels when gap up or gap down. Also either side band is breached shall show breakout in either direction, and close above / below the intra band shall continue with the same trend for next day and can continue for for BTST OR STBT.

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