why they bought at high rates ..

dhanvarshagrp (3/16/2010 2:48:10 PM): BIG FISHES IN PLAY DECEIVING TECHNICALS....HOW LONG ???..WHEN NIFTY COMES DOWN.... THEY START BUYING ...EATING STOPS ... BECOMING LARGE AND LARGE ...FAT TY AND AT EVRY GAP UP SEE THE VOLUME ...WHEN  NIFTY IS TRADING AT 5138.00 WHY THEY ARE BUYING AT 5148.00 A BIG QUESTION TO ALL OF U ... PLEASE THINK ON IT ???? ARE THEY INTERESTED IN TRIGGERING YOUR STOP .... SEE FULL  IMAGINARY STORY  BELOW THE CHART....

See nifty was at negative bias since morning  and moving down , all were going short as per mix global trends at 5140 to 5135 levels and placed their sl orders say above 5150 level . so the requirement was to  lift the price to 5150 and above it.So by placing bulk purchase they boosted price up buy extensive buying and sold some of the  stuff to sl party ..again mkt was at overbought zone all tech experts shorted above 5150 and placed sl  say 10 - 15 points above the sell price  and again the same cycle boosted nifty in 3-4 such attempts to 5175 level and due to that panic in short sellers was  at high  and they started short covering and some new buyers too emerge as and when they saw nifty is rocking . the big fishes were sat aside enjoying the up move and at 3.20 PM  when they saw the game is over they sold the stuff bought at 5138 >>>5148 level @ 5215.00 to the short covering party and fresh buyers ...and earned 70 Flat points in my imaginary story ...
Watch video  http://www.youtube.com/watch?v=K4SNB0rY-OY