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WEAK OF WEEK NOV-1ST WEEK...WILL IT TAKE SUPPORT? 4524-4536? |
veerappan Expert
Joined: 19 Dec 2007 Posts: 3680
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Post: #1 Posted: Tue Nov 03, 2009 10:58 pm Post subject: WEAK OF WEEK NOV-1ST WEEK...WILL IT TAKE SUPPORT? 4524-4536? |
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hi,
last week made 360-370 pts ....is it good? any one did and followed? well... for this first week of [WEAK] november trend decider is 4865... below 4865 means 4778-4694-4612-4530-4364-4197-4031 also possible.. already its in the range of 4710-4705... as per my last week levels first closing below 4715...if it closes below 4715 again further bearish trend continuous.... for this week major support is at 4524-4536 range... it shd take support... if its not taking means further down side i mentioned here... and above 4865 means 4945-5027-5111-5196 possible.... as per my view now above 4992-4996 for two consecutive closes only i will use the word "BUY"..other-wise its sell sell only sell...rcom have u seen the rate ? bharti have u seen the rate and reliance also.... for this month reliance capital will be 450-525 range....tatapower may be 850-875....rel infra may be 750-850...next fall will lead by only tech babies.....infy tcs wipro ... smaller boys like rolta,polaris...all will bleed more.... shall i give one suggestion .... i am bullish on textile and pharma 2 years view this is for investors and not traders...dont buy in a big way... start buying slowly... dr reddy, cipla , orchid, jublient organ sys, jupitor bio, bafna pharma... and in textiles abirla nuvo , arvind mills, himatsinga seide, nahar spinning... and reliance if it comes to 1350-1550 range....[cum-bonus]
take care
bye bye
CHENNAI BOY
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