DISCLAIMER

DISCLAIMER-All the views and contents mentioned in this blog are merely for my personal use,and are not recommendations or tips.i do not accept any liability/loss accuring from the use of any content from this blog.All readers of this blog must rely on their own discreation and neither any analyst nor any publisher shall be responsible for the outcome.

Monday, October 17, 2011

17-10-2011 after market

Nothing new same view for nifty is continue...in Dow Jones this 5th will go for extension..i do not expect big correction in Dow Jones,bulls will try to control this market and American government is giving him enough support...so strait forward up move above 10950 is the bulls first tgt without taking any meaning full big correction,,,othrer wise bears will try to get control back again..at present no any supporting news for bears available enough so, in line with Dow Jones and world markets,our fifth also can extend heavily...now to remain bearish without proper selling signal is dangerous...

From last 400 points movement, I got 335 points.,and at present out of market, no any position,just wait and watch...last  4 trades with profit 730 points,without any stoploss,in side the range of 440 points ...5170 to 4730....

Gold will make one or two more highs,no selling time yet...last 3 trades 1 stoploss of 6$ and 2 gave 368$..in mcx also 3 trades and with one stoploss 1800 rs profit...