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Sunday, February 24, 2008

Outlook for Week starting 25-Feb

Panic and Bloodbath in Heavy Weight and Sensex stocks.


1. Reliance Industries Ltd.


Below 2501......No Long positon
Stock will slide to kiss 2456 -2452 level & there after expect freefall upto 2430-2406 level.


2. Reliance Capital Ltd

Break below 1979 with volumes
.......will take stock to 1849-1806 level in hrs only.

3. Reliance Power Ltd

Stock will show power above 428.50

(If crosses with volumes.....and closes above then expect nonstop rally upto Rs.453-460 )
-Other wise........Go short & enjoy another round of panic

4. Jet Airways

Our Ultimate target :Rs.641 (Yes ,641 )

Yes.......Panic on card in this stock.

Have a eye on Rs.753 level.Once breaks this level with volumes it will nonstop slide to kiss 726-721 level in minutes only.

5. Canara Bank

RED ......HOT SELL !!

Watch.........it had broken H&S neckline with volumes.
101%..........Below 284 ,NO BUYING POSTION !!
Nonstop slide upto Rs.245 level.

6. CESC Ltd

Have a eye on 505-499

Break with volumes......below 499 will crash to kiss 479-473 in minutes...........only !!
(Some very Intelligent persons had sold this stock...God knows ...Why ??? )

7. Unitech Ltd

Below.......368 ,No Long positon ...........small request.

Stock will slide to kiss 355 & there after expect freeeefall upto Rs.333-------------326 level !!!


WISDOM QUOTE : When we begin to understand we grow polite, happy, ingenuous.

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