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STAY SAFE AND PROFITABLE WITH US:WWW.ASHOKSHARMA.CO.CC..

By Aksctc on Dec 07, 2009 at 06:37 PM
0
TODAY trading session observed volatility as per the predicted line. but
market today breached critical support like 5070 the level which almost
all of the analyst recommended strong support in the near term .but our
research team has rightly advised that these technicals will not matter
for next couple of days. Any sustainable breach below todays close level
will provide a severe heartbreaks for bulls who are on the back foot in
today’s trading session. this may be due to crack in the asian markets and
Europe also followed in the lines . this range will provide fresh trading
opportunity .after trading close to the break even for first half of the
day, market took a turn for the worse. Banking and auto heavyweights were
seen to be exerting the maximum selling pressure.
We sounded alert in the morning as we are doing time and again with
complete accuracy. our calls Essaroil, sparc performed well in a adverse
market while our intraday call Hindoil exploration zoomed from 278 to 293.
Well our strategy for tomorrow will be the same. focus on midcap and small
caps forgetting about the nifty which should be left alone to cross the
hurdle of 5180 convincingly with volume. today’s western market
performance will be crucial for Indian markets tomorrow.
Watch this space for more
HAPPY INVESTING

ESSAROIL - Latest Price Update
Current Price 125.15 Day's High 126
Change 0.95 Day's Low 124.55
% Change 0.76 Prev. Close 124.2

TODAYS - Latest Price Update
Current Price 12 Day's High 12.45
Change 0.1 Day's Low 11.8
% Change 0.84 Prev. Close 11.9

SPARC - Latest Price Update
Current Price 94.4 Day's High 95.2
Change 0.45 Day's Low 94.05
% Change 0.48 Prev. Close 93.95

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Disclaimer: Above recommendations are based on technical analysis and Personal observations. Due care has been taken while preparing these comments; no responsibility will be assumed by the author for the consequences what so ever, resulting out of acting on these recommendations.