Follow NIFTY leveles given in the last post as we are in the same range. Above 3020 expect upside. If u followed last outlook cleverly you would have made at least 150 points in last 2 sessions in both long and short. DLF short gvn on blog(tht was only for habitual shorters) and 260 call given on friday on SMS both given good returns.
Ranbaxy did well on friday expect some good movement
UNITECH is again a buy above 36
HDIL –>Next mover
Last day we made good money in Relcapital 500 call money doubled intrady bought @ 25 both in TMS and Premium Service so here u can expect only a pie of that.
Now onwards Market Outlook will be numbered instead of dated. Last Market Outlook rocked same as earlier. Now NIFTY sailed through my 4th target of 2912 and the last one was left, as was mentioned that breakout or breakdown seems distant. I told u in my last market outlook that i will provide indication only in the free blog/sms u will have to apply your own mind to get benifit , i repeat “Free Lunch is with self service” .If u did that u wud have minted money and will do in fut too but if you go the more professional way come in the Professional Services or the Manged Trading Service. Those interested in managed trading service can contact for real contract notes of the clients for real performance as we dont believe in Excel sheet performance. For Details call 9431813147/9973932884 or mail to : firstname.lastname@example.org Short recommended for 8th of Dec (For persons dying to short can take risk of shorting at 2880-2912 with sl 3020 for tgt 2630 better buy put in rise. You can short Bank NIFTY too at around 4650-4800 range with SL 4850. Levels are high compared to friday’s closing but more are the chances of getting the above mentioned levels to initiate shorts.) Worked well too. giving Neat 100 points even we shorted at 2860 in our premium service and covered at 2782. Further following were the recomendations from 1st Dec 2008 till last market outlook and all given tremendous returns except one Ansal Infra which is holding strong :
TISCO recomended to go long at 152 went straight to 220 today.
GVKPIL giving daily good returns now on breakout zone
UNITECH recomended at 30 now 35
DLF recomended to buy above 202 did awesome 270+ Must i mention: IN DLF and UNITECH we earned both long and short
Ansal Infra holding strong
NDTV and IBN18 also did awesome
SBI daddy of Indian banks did grtt 990 to 1200
Nalco 152 to 200 straight
Now for the next session(s): NIFTY seems negative for till 2840-2790-2772-2712-2630 , each level is a support if broken expect next level but unwinding shorts at 2840-2790 is advisable. I reapt again major upside one should expect only above 3020 which seems distant. But further downside is also capped at 2630 so dont expect any major downside unless 2630 intact and going long around supports is advisable below 2790 with next support as sl.
Stoks for Trading:
TISCO keep accumulating for more upsides in all slides
UNITECH accumulate with sl 28
RANBAXY is the NEXT STAR
DLF is avoid Only Habitual Shorters: short if goes above 290 with sl 302/310 for target below 240 one can short at current level too with sl 272
Last market outlook rocked too as usual . Few of the trades were : NIFTY went till the third target of 2790, GVK just came back from the range given by me , i.e. 19.8, SMS call Chambal did well too from 34 to 39. What else you want from the free service. Definetely our first priority is OUR PREMIUM MEMBERS and TRADE MANAGEMENT SERVICE CLIENTS , but still we have given more than just small profits to the free members and blog-readers , yes but FREE LUNCH IS ONLY WITH SELF-SERVICE , lol means you have to use your brain with my levels.
NIFTY levels given earlier is still the same as market is stuck in the range 2540-2912 and breakout or breakdown seems distant for now even after stimulus package and RBI rate cut. Breakout is only above 3020 and 2912-3020 is no man’s land.
For next session(s):
NIFTY is buy above 2740 with 2722 SL for targets 2790-2840-2880-2912-3110 and sell below 2690 with 2722 sl for tgt 2630-2540- below 2540 disaster
For persons dying to short can take risk of shorting at 2880-2912 with sl 3020 for tgt 2630 better buy put in rise. You can short Bank NIFTY too at around 4650-4800 range with SL 4850. Levels are high compared to friday’s closing but more are the chances of getting the above mentioned levels to initiate shorts.
ANSAL INFRA buy above 27.1 for target 32-34-38 SL 28
GVKPIL buy in all dips , this is true multi-bagger both for investor and trader. Investors can expect huge gain in this counter (may be same as UNITECH gave in the last bull market , you can find such multi-baggers in these market conditions only) as this is the best and strongest of all infra counters.