expecting some profit booking in market if trades below 4845 ..

MURU (1/11/2012 7:48:47 AM): Morning ji
kailash Chaturvedi (1/11/2012 8:07:44 AM): morning ji
MURU (1/11/2012 8:09:16 AM): How you think sir mkt may go up or trading same level today?
kailash Chaturvedi (1/11/2012 8:16:40 AM): see yesterday mkt moved up due to fresh buying and short covering in may scrips like tatamotors reliance sbi bharti artel so i feel market will not with hold this level and may slip below current levels if spot will trade below 4845 ...
MURU (1/11/2012 8:19:05 AM): yes.may be i thing 4800/4825 levels act good support, bellow 4785 bears will create panic
MURU (1/11/2012 8:21:03 AM): if above 4860 nifty spot will bring to 4910-4940
kailash Chaturvedi (1/11/2012 8:22:05 AM): 27600 short covered in tata motors,192,250 covered in reliance ,514 000 shorts covered in bharti artl , 171 625 were short covered in sbi and mkts up move on forced short covering rarely sustain
kailash Chaturvedi (1/11/2012 8:23:22 AM): 276000 short covering in nano ***
kailash Chaturvedi (1/11/2012 8:24:10 AM): expecting some profit booking
MURU (1/11/2012 8:27:41 AM): yester day i shorted 2 lots telco @ 204 and 204.7. yester day 1 lot covered @ 205.5 . still 1 lot short possition . pls give me advice during trading time
kailash Chaturvedi (1/11/2012 8:28:27 AM): i told u telco is going to tumble
kailash Chaturvedi (1/11/2012 8:29:14 AM): yesterday it was played by operators to exit their long and create more short positions at higher level
kailash Chaturvedi (1/11/2012 8:29:48 AM): so they lifted stock to 207 level in last 20 minutes of trade
kailash Chaturvedi (1/11/2012 8:30:18 AM): technically it is making tripple high
MURU (1/11/2012 8:30:49 AM): ok. 1 lot i placed stoploss @ 205., it trigred
kailash Chaturvedi (1/11/2012 8:30:53 AM): and money is going out very fast from market
kailash Chaturvedi (1/11/2012 8:32:54 AM): can u see money flow index ?
MURU (1/11/2012 8:33:37 AM): No. not yet
kailash Chaturvedi (1/11/2012 8:35:27 AM): want to see ?
MURU (1/11/2012 8:35:47 AM): yes. with plesure

money flow index in tatamotors