Sunday, December 6, 2009

Weekly Nifty outlook and positional calls

Hello guys, Hope you enjoying the calls posted by Namit and Myself.. Most of our calls (More then 90%) are hitting targets and we are happy to see visitors of this blog are minting money..

Thanks once again to Namit and all the visitors of this blog, who have made this blog a big success.

Well all the 3 positional calls recommended on 1Dec09 met its target:
1) Tata motors from 660 to 700+ (made a high of 730)
2) Reliance capital from 856 to 875+
3) Jindal Saw from 930 to 990

Hope you all enjoyed the calls!

Weekly calls for week starting 7Dec09:
buy fintech @ 1418 target 1480 - 1520 (All set to touch 1500)
buy tata motors @710 target 730+
buy IBRealEstate @225 target 245-250+
buy Reliance capital @854 target 880+
buy LITL @ 592 target 610
buy Sesa goa @ 385 target 400 (Sleeping baby all set to make new highs)

Nifty outlook for week starting 7Dec09
Nifty can touch 5300+ if it closes above 5182 levels... Nifty did tried crossing 5182 levels on an intraday levels but could not sustain...

Nifty will definitely try to touch 5182 levels this week.. So keep a close watch on nifty to move above 5182 levels on closing basis, which will take us to journey of 5300-5400 levels.

I agree with Namit that market would be very volatile, so please book profits at regular intervals

All the very best! Happy trading.
- Chetan D

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