Short Term Stock Future Recommendation, on 31.12.2010 [Stop loss must maintain.]

Apollo Tyre Ltd [APOLLOTYRE] Future Buy CMP: 66, Target: 70/75, Stop Loss: 61. http://www.google.com/finance?q=apollotyre

Market Overview [Nifty] 23.12.2010

What is the condition of Market [Nifty] years end time, I discuses about this matter. I use here Fractal Rule for analyze in the Nifty chart. There are two similar patterns namely pattern 1 & 2. The pattern 1 is smaller and is made of points ‘a’, ‘b’, ‘c’….. ‘k’. The pattern 2 is larger in size and consists of the points ‘A’, ‘B’, ‘C’….. ‘J’. Now predict the point ‘K’ in the pattern 2 .In the pattern 1, the point ‘k’ was formed at 185% of ‘i’& ‘j’ range and 115% of ‘g’& ‘j’ range. In the pattern 2, the point ‘K’ could be formed, if follows the fractal rule, is that 185% of ‘I’ & ‘J’ range i.e. 6373 and 115% of ‘G’ & ‘J’ range i.e 6440.  My view, themarket [Nifty] should be hit between 6373-6440 for few coming market session. 

Some other positive matter notice in the chart. The price has broken out the Bullish Symmetrical Triangular pattern this is formed ‘X’ & ‘Y’ lines. The RSI has also broken out the Bullish Symmetrical Triangular pattern. 13 & 30 Days Moving Average moving upward. This indicates the market [Nifty] has going strong. After golden cross of 13 & 30 DMA, we should be seeing the market [Nifty] moves upward.

Report Prepared by DEBABRATA BHATTACHARJEE

Email ID: imdb1@ymail.com

Mobile No. +91 9883388754

Performance of Recommended Stock Future

Recommendation on 16.12.2010

JETAIRWAYS Future -- Achieved Both Targets between 1st Trading Day.

Short Term Stock Future Recommendation, on 16.12.2010 [Stop loss must maintain.]

JETAIRWAYS Future Sell Below 738, Target: 721/701, SL: 757. http://www.google.com/finance?q=NSE%3AJETAIRWAYS

Short Term Stock Future Recommendation, on 15.12.2010 [Stop loss must maintain.]

Hindustan Zinc Ltd[HINDZINC] Buy CMP:1204, Target:1254, Stop Loss:1180.http://www.google.com/finance?q=hindzinc

Short Term Stock Future Recommendation, on 14.12.2010 [Stop loss must maintain.]

Divi’s Lab Future Buy Above 611 Target 619/627/633, SL: 606. http://www.google.com/finance?q=nse%3Adivislab

Short Term Stock Future Recommendation, on 10.12.2010 [Stop loss must maintain.]

Jindal Steel Power Ltd. [JINDALSTEL] Future Sell Below 678, Target: 668/660/650, Stop Loss: 685. http://www.google.com/finance?q=JINDALSTEL

Performance of Recommended Stock Future

Recommendation on 09.12.2010 

ABGSHIP Future -- Achieved 3rd Target between 1st Trading Day.

Short Term Stock Future Recommendation, on 09.12.2010 [Stop loss must maintain.]

ABG Shipyard Ltd. [ABGSHIP] Future Sell Below 384, Target: 370/355/344, Stop Loss: 395. http://www.google.com/finance?q=abgship