About Me

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Mumbai, Maharashtra, India
Besides being a CHARTERED ACCOUNTANT from Institute of Chartered Accountants of India,SAP certified consultant(FICO) and A Director in an advertising Company,I am a BSE certified stock analyst(technical) and I trade regularly on Bombay stock exchange.Do you like to have some free reliable stock trading tips ??? Visit my blog daily and follow my research.

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FOR THE NEW USERS

THIS BLOG IS A FRIENDLY EFFORT TO ENABLE USERS TO MAKE PROFIT BY PUTTING MY KNOWLEDGE TO THEIR USE. STOCK PICKS GIVEN HERE ARE FOR TRADING, THEY ARE REAL TIME AND MOMENTUM STOCKS I.E. THEY WILL RISE / FALL VERY FAST GIVING QUICK PROFITS. USERS SHOULD MAKE THEIR TRADING STRATEGY AND ENTER THE STOCK IMMEDIATELY AND EXIT AS PER THEIR PRUDENCE WHEN TRADE FETCHES 15-20% RETURN.

Before using the blog,I advise viewers to read my very first few posts which I wrote when I started this blog.

Friday, October 23, 2009

MARKET SELLING OFF AND BUILDING SHORTS

YESTERDAY FII , DII SOLD ALSO BUILT LOT OS SHORT POSITIONS AND TODAY TOO. WHICH SUGGESTS THAT WHENEVR THIS POSITIONS WILL BE COVERED THE MARKET WILL GET SHARP BOUNCE AND RISE ABOVE 17500LEVEL. STAY ON SIDELINE AND BE READY FOR BUYING , STAY ON CASH. NEXT WEEK YOU WILL GET OPPORTUNITY TO BUY. SUPPORT AT 16000 LEVEL ON SENSEX.
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