Market for Coming Week

From last 3-4 Days i am trying to blog my view, but couldn't get time due to hectic schedule

As of now Nifty is place in a critical mode.....Fridays pull back had surprised many players(All credit goes To Dr Manmohan Singh)....Now people are talking of 5150-5200-5400......Lets See

Since October 2009, Nifty is trading in a range of 4680-5180....And Since Friday'a Closing (5052) is at upper level of trading range...this can be seen as bullish consolidation may break on upside

Nifty has retracted more than 50% of the recent fall happen in Nov 1st week.....If Nifty stays above 5050.....we can see a NEW 2009 HIGH( May be around 5250).

Any Movement above 5250....Can take nifty to 5400-5700 levels(in Near Term)

Down Side Nifty has a good Support @ 4900 levels .....As 20 DMA & 50DMA are lying,

Conclusion:

For Short term traders, Wait and watch, and if nifty does not sustain above 5050....short Nifty With 5100 as SL for target of 4900

Long Term Investor who want to build a good portfolio can wait for a dip till 4500-4600 levels...that will be probably the last Fall before Market hitting All time new High.....

Happy Trading,

For VSS Securities & Investments

Aditya V Singh

+919819198001

20-11-2009

Buy

IDBI @ Opening with Stop Loss of 118

HDIL 342-344 Opening with Stop Loss of 340...Trg 348(T1) 352(T2) 360(T3)

Happy Trading

19-11-2009

BOC INDIA (BUY) 175-176 (Target1) 179 (Target2) 181 & 184+ (Sl) 172


PRAJAY ENGG (BUY) 32.9-33(Target1) 33.5 (Target2) 33.9 (Sl) 32

OIL COUNTRY (BUY) 127-128 (Target1) 130 (Target2) 133 & 135+ (Sl) 124

JSW STEEL FUT (BUY) 945-948(Target1) 958 (Target2) 967& 985+ (Sl) 940

Crucial Level For Nifty

Hi,
Today our clients Booked Nifty @ 4905.....I had given a target of 4910.....And todays high was 4909.70..............We are in long position from 03/11/2009 from 4570 levels....we earned almost 335 Points in single lot in 6days ie Profit of Rs 16750/- in single lot.....

For me, now onwards Nifty is in NO TRADE ZONE....Now i will be carefully watching next 5-6 sessions, it will decide further trend for the market....as of now OI, VOLUMES are suggestings nifty Dragging below 4700 .....(Its Just a View, Trade as per your own risk)

As i have mentioned earlier as 4630 as 100DMA, and told that nifty can bounce from here, And Nifty gave a good bounce from these levels and rested @ 4875-4900 (its 38.2% Retracement of the fall) or can move to 4990(61.8% Retracement).........Either of these 2 points can can be last top before nifty to fall downwards to 4450-4520 Levels

Closely watch my blog, i will be giving a short call very soon

Happy Trading,

VSS SECURITIES & INVESTMENT

ADITYA V. SINGH

Book Nifty

Hi,

Book Nifty Near 4850...We are long from 4570.....in 3 Days we have earned almost 200+ points.....Very Risky Traders can keep it for 4910 Target

Also partial book our Positional long Calls of

Rcom

Rpower

Alkali

Regards

Aditya V. Singh.

Market View For 05/11/2009

Tommorow Nifty will be very volatile......Above 4700, nifty will be heading to 4750...were it will be welcomed by 4747(Resistance) Lets see kya hota hai.

If Nifty Breaks 4530/4950 in November......We will see more movement in Nifty......So i will be closing watching these levels for November

• 4530(Support)
• 4630(100DMA)
• 4747 (Resistance)
• 4850(Resistance)
• 4975(Resistance)

Happy Trading

For VSS Securities & Investments

Aditya V. Singh

+919819198001

Profit of 04-11-2009

HDIL Hit Target3 of 315.....Profit of Rs 20/-

RelCap Hit Target3 Of 730.....Profit Of Rs 35/-

ICSA SL Hit Of 155..........Loss Of Rs. 5/-

Total Profit Rs50/-

Running Profit in Nifty is 141 Points for November Month

Move TSL to 4670

Safe Traders can book nifty @ 4670...Risky Traders Move TSL in Nifty @ 4670.......Already We are in profit of 100 Points.....

Calls For 04-11-2009

Buy

HDIL Above 295 T1 (302) T2 (308) T3 (315) SL 288

ICSA Above 158 T1 (161) T2(165) T3 (167) SL 155

RelCap Above 700 T1 (708) T2(720) T3 (730) SL 695

Positional Buy(For 2 Weeks)

RCom Above 167 T1 (185) T2(198) T3 (210) SL 149

Rpower Above 138 T1(160) T2 (172) T3 (187) SL 125

Alkali Above 139 T1(165) T2 (175) T3 (200) SL 130

Buy Nifty Positional

Buy Nifty Positional @ 4570....SL 4500.......Target1 (4700) Target2 (4850) Target3 (4900)

Cover Buy Nifty Call

Now Keep TSL @ 4710....already 50+ Points Profit...........

Nifty 4630

Yes,

Nifty 4630 is 100DMA and nifty had bounced many times from here, so i am also expecting a slight bounce from here, Cover ur Nifty short call @ 2days Opening......and Go long WIth 4610 as SL

Aditya V. Singh