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STOCKSSTAR's Blog – August 2009 Archive (3)

NIFTY VIEW @ AUGUST THIRD WEEK

AS EXPECTED NIFTY STARTED ITS PULLBACK AFTER FAILING TO CLOSE BELOW 4357.

NOW TWO CONSECUTIVE NIFTY CLOSE ABOVE 4724 WILL OPEN UPSIDE TARGETS OF 4773/4884/4930/5011/5161.

HOWEVER THREE CONSECUTIVE NIFTY CLOSE BELOW 4444 WILL OPEN DOWNSIDE TARGETS OF 4357/4244/4156/4040/3930.

STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.

Added by STOCKSSTAR on August 16, 2009 at 2:48pm — 1 Comment

NIFTY VIEW @ AUGUST SECOND WEEK

AS EXPECTED NIFTY STARTED ITS DOWNTREND AFTER FAILING TO CLOSE ABOVE 4724.

NOW FOR DOWNTREND TO CONTINUE NIFTY NEEDS TO CLOSE BELOW 4357 FOR TWO
CONSECUTIVE DAYS FOR DOWNSIDE TARGETS OF 4244/4156/4040/3930/3830.

HOWEVER TWO CONSECUTIVE NIFTY CLOSE ABOVE 4627 WILL OPEN UPSIDE
TARGETS OF 4724/4773/4884/4930/5011.

STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.

Added by STOCKSSTAR on August 9, 2009 at 2:16pm — No Comments

NIFTY VIEW @ AUGUST FIRST WEEK

AS EXPECTED NIFTY CONTINUED ITS UPWARD JOURNEY AFTER FAILING TO CLOSE BELOW 4444.

NOW FOR UPTREND TO CONTINUE NIFTY NEEDS TO CLOSE ABOVE 4724 FOR
TWO CONSECUTIVE DAYS FOR UPSIDE TARGETS OF 4773/4884/4930/5011/5161.

HOWEVER TWO CONSECUTIVE NIFTY CLOSE BELOW 4547 WILL OPEN DOWNSIDE
TARGETS OF 4444/4357/4244/4186/4158.

STOCK FUTURE POSITIONS NEEDS TO BE HEDGED WITH OPTIONS.

Added by STOCKSSTAR on August 2, 2009 at 2:44pm — No Comments

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