ON 11th NOV - CAT ON THE WALL

SO MARKETS ARE DOWN WE ALREADY TOLD ON 4930 LEVELS MARKET MAY CAME DOWN. WE EXPECT DUE TO G20 - STUMULUS PACKAGE MARKET MAY GO UP BUT IT IS NOT DONE ON 10th.

WHAT ABOUT TODAY?

MARKET MAY CAME DOWN TODAY BUT ON THE WALL IT IS. SO IF UP SMALL RANGE ONLY BUT DOWN SIDE THERE MAY BE A HEAVY SELLING.

NIFTY FUTURE :

UPSIDE RESISTENCE AT 4910 CROSSESS THEN 4947 WHICH IS THE YESTERDAY'S HIGH. IF IT BREACHES 4970. NIFTY IS NOT BREACH THIS 4970 LEVEL I THINK.

DOWN SIDE SUPPORTS ARE AT 4840 BREACHES MARKET CAME TO EASILY 4810 FURTHER SUPPORT AT 4790. IT BREACHES 4740 LEVEL IS A STONG SUPPORT TODAY.

ANY WAY TRADE WITH TREND TODAY.  

CASH CALLS :

MARKET GO DOWN SIDE SELL ICICI  BANK GIVES YOU PROFIT TODAY.

YESTERDAY OUR CALL :

AT 12.50 p.m. - SELL KOTAK BANK AT 795 STOPLOSS AT 805 TARGET 785. 2.15 p.m. I GIVE BOOK PROFIT HALF YOUR POSITION AT 490 LEVELS. AFTER 3.00 IT GOES TO THE NEARER TARGET OF 485.30.