Update

Update

Link to Market Calls

Ideal Nifty trade for 18 Jan 2010

Posted: 17 Jan 2010 10:21 AM PST


Nifty 5300CE Jan 2010 Series have high Open Interest builtup. Which shows that 5300 Calls are 
being written. At the same time, Market Breadth is fine.Both 5 and 20 day ATR AT 61. which shows that
market is lacking both fear and greed. Still now the supports are not yet broken. 

Ideal trade is not to short nifty until it closes below 5EMA line(i.e 5245) on EOD basis. Just trade with the flow.
Source: www.marketcalls.in

ABB Trading above 10 month High

Posted: 17 Jan 2010 10:00 AM PST


ABB is trading above 10 month fresh high with long term supports at 740-755 zone.
Also there is a long term 8/34 EMA crossover this month. Stocks suits good for long
term buying
Source: www.marketcalls.in

Aban Near 200 Week Moving Average

Posted: 17 Jan 2010 10:00 AM PST


Aban is nearing the first weekly resistance zone(200 Weekly Moving Average Rs1572).
Last time 200 Weekly resistance holds in this counter and this time possibly there could
be a way above 200WMA(Green line)
Source: www.marketcalls.in

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)
Disclaimer: "It is assuming that all Traders and/or Investors are well known of the fact that Investment are subject to market risk and no responsibility will be taken either by the author or writer of the blog content whether direct, implied or consequential for any losses or profits that may occur as a result of trading with the calls provided in this blog.."