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Wednesday, May 9, 2007

MARKETS READY TO BOTTOM OUT !!!!

MARKETS WERE TRADING WITH IMMENSE VOLATILITY... ON WEDNESDAY .... WITH HAVING AROUND 2 SWINGS IN THE 150 PT RANGE...... HENCE NOW WE SHOULD NOW START FINDING STOCKS... THAT ARE GOOD IN VALUE BUT HAVE BEEN BADLY BEATEN UP !!!! BUT I AM DER TO DO THIS WORK FOR YOU !!!!

BSE SENSEX :


I expect markets to open on a weak note !!! but will rise further..... Hence dont go short You would be trapped badly.......
Market has a resistance of 13964.A close above this territory is necessary to impart positive sentiment in the market......

Just have a look at what we said yesterday on our website..... During this week Market will remain extremely volatile..... and U saw the example of it 2day.....

Also we boldly wrote... Market will bounce back frm 13500-13600 levels...... See the reaction today.... Markets may open weak Tomorrow... But fresh buying will pull it upwards.....

INTRADAY TIPS:

I AM NOT GIVING ANY INTRADAY TIPS TODAY !!!! I WOULD GIVE IT AFTER LOOKING THE MARKET CONDITION.......

BOTTOMED OUT STOCK !!!!!


These are the stocks who have either Bottomed out or have given a breakout after many dayz

ICICI BANK : Worst is over for this stock.... Start buying this stock before the whole world runs after it !!! Maximum downside of 10-20 Rs..... Keep Strict SL of 835....

Britannia Ind: Stock has broken the 1100-1300 range for the stock.... Now no one can stop it from reaching its target levels of 1700-1800......

PARAMOUNT COMM: Stock has been badly beaten after stock - split.... Buy it and get a price of 37-40 within a week or soo.......

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