Tuesday, January 19, 2010

Session’s analysis

I predicted following …

Aban offshore

Important support /resistance levels

<<<<1468.15>>><<<1487.25>>><<<1499.80>>><<<1507.00>>><<<1526.90>>><<<1547.45>>>


Bhartiship
254.50>>><<276.80>><<310.00>>><<<332.00>>><<365.00>>><<<387.00>>><<<431.000


Today we may witness flat to negative opening as bearish sentiment is developing in the overbought zone and maximum stocks are trading at there high prices so profit booking will not be overruled at these levels .


But again at lower levels you may see a buying interest may appear to boost the prices to a respectable position.

I am giving you these levels for ABG shipyard for Monday’s trade means 18 Jan 2010.

<<<215.10>>><<<232.65>>><<<266.10>>><<<283.10>>><<<299.55>>><<<316.75>>><<<334.00.>>><<<367.60>>>>


How to trade on calls I already published.

Abanoffshore

In morning aban started from 1487.00 and moved up to 1524.00 in a breakout and from there came back to 1480.00 and closed at 1487.30 and gave you nice returns.



Bharti shipOpened at 339.70 made a high of 351.00 and then closed at 331.20.
ABG shipyard


 
Opened at 304.00 came down to 294.00 reached to 333.00 in quick session and finally closed at 315.00.
Will you calculate its intraday return?


The prediction about flat to negative opening and buying interest at lower levels you already witnessed it …what else...





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