Target Achieved for MAX India 204.50 !!!!

Hello Friends,

Our Post published on 3rd September for Max India with the Buying above Rs 194.50 for a Target with Rs 205 has hit a High of 204.40 on 7th September this looks like a good level to book Profit !!!

Its 10 rs i.e. 5 % returns inside a week ... i don`t know about you guys but i will take this...

I hope you have enjoyed it ...

Take care and remember "Always play with Stop Loss in Place ..."

MAX India break out above 194.50 !!!

Hello Friends,

Although the market are in a sluggish mode and Nifty slipping from 5110 to 4950 levels. Max India looks like a good point to go LONG above 194.50 levels with a target of around 205 at least with a stop loss of 193. The chances again are slim as this will have to go against the market trend.

And always remember "TREND IS YOUR FRIEND" so just go with the trend.

A Consolidated Performance of our Tweets ...

Hello Friends,

For some of you who do not follow us on Twitter i am here to tell you what you have missed.
This is a snap shot of our performance ...

1) On 16 Aug ---- Bata India "Bata India is Good of sell @708 trgt 680 sl 716"
Bata India touched a Low of 680.55 on the 17 Aug the very next day...
Thats Rs 28 in one day Hurray !!!

2) On 19 Aug --- "Nifty made a low of 4796.10, it can bounce back to 5000 level in next week"
On 24th Aug --- "Nifty fail to cross it resistance level of 4963 today also, support levels are 4890 and              4780"

3) On 26th Aug --- "nifty took the support of 4730 level, now we are expecting nifty to confirm bounce to 4960 levels, can do into buying with sl of 4680 level"
On 30th Aug --- "If today nifty succeed to give closing above 4960 level then can see 5180 level in near future, ppl in buying can book 50% profit"


We saw Nifty touched 5113 on 2nd Sep ...


For more you such tweets follow us on Follow

Bajaj Auto Target Achieved !!!

Hello Friends,

Our Update of Bajaj Auto having a breakout above 1500 given on 23/08/2011 happened and in what fashion that it touched a high of 1640 on 02/09/2011 in about a week. That is Rs 140 in about a week when everyone was confused in which direction the market is headed.

This is no magic its just Technical Analysis ....

Bajaj Auto is also special in a way cause its only amazing that on 01/09/2011 on DNA newspaper they were talking about the fundamentals of Bajaj Auto being good and how good it was doing...

So this is a good example that Technical Analysis tells you a lot before anyone else does...


I hope you guys made money out of this ... and be ready for more ...

Break Out for BAJAJ AUTO target around 1650

BAJAJ AUTO has give a Break Out above 1500. We expect the target around 1650.

Range bound Market can see buying above 5185 level only

We saw today the market playing between 5120 and has tested the Resistance level 5185 shown in Yellow in the above figure. We may see selling pressure coming for NIFTY around 5185 i.e. resistance level but if we can see the market closing above it we may see that level as a support and expect upward movement from there. If the 5185 level confirms we can expect Nifty to reach 5350 level as we don`t see any resistance till that level.

Can still expect buying

As predicted yesterday the oversold market did come in some buying and did come to our predicted level of 5175, Buying momentum may take Nifty to come around  5380 levels in the coming few days.  Trade with Caution as this is only a minor up trend the Primary Trend still remains bearish.