TEMPORARY BOTTOM NEAR

YEP GUYZ - PSYCHOLOGICALLY BEATEN OUT INVESTOR CAN THINK OF A TEMPORARY BOTTOM HERE

HOW LONG ?
MAY NOT LAST EVEN 2 DAYS
I EXPECT A RALLY TODAY TILL EXPIRY

FIRST TGT 3050 NIFTY SPOT

(BUT PLAY BOTH SIDES)
THOSE WHO DON'T KNOW WHAT I MEAN - THEN PLEASE EXIT THE MKTS FOR NOW - U'LL SURELY LOSE

NIFTY FOR 27TH OCT 2008

2270 - 2470 - 2840 - 3100

REMEMBER MY MSSG TO YOU
IF NIFTY TRADES BELOW 200+ (IF) - THEN JUST BLINDLY SELL
IF NIFTY TRADES ABOVE 250+ (IF) - THEN HOLD LONGS FOR EXPIRY - OR ROLL OVER AND EXIT ALL SHORTS FOR THIS MONTH AND DO NOT ROLL OVER

ACCORDING TO CHARTS NIFTY LOOKING DEEP DOWN TOWARDS 1450
I DON'T WANT TO BELIEVE THIS MYSELF - BUT WITH THIS TREND CONTINUING IT IS POSSIBLE BUT WILL TAKE 3-6 MONTHS FOR THIS LEVEL

NTPC LEVELS - LTP - 130.45
115 - 122 - 140 - 150

CAN BUY NTPC OCT CA140 - @ 1.35 FOR DOUBLE TRIPLE TGT - BUT VERY RISKY

THIS IS THE BEST I CAN TELL U RITE NOW - COZ MORE CALLS MAY WASTE MORE OF YOUR MONEY - JUST KEEP IT SAFE FOR NOW

HAVE A GREAT TRADING

PLAY BOTH SIDES

NIFTY FOR 13TH OCT
3020 - 3150 - 3460 - 3640


ALREADY BOOKED PROFIT SUMMARY


DEC 3500 PUT - BOT @ 118
SIMULTANEOUSLY
DEC 5000 CALL - BOT @ 32
118+32= 150
TOTAL MONEY SPENT = 7500

PUT BOOKED @ 200 = 10,000
AND HOLDING 5000 CALL FOR FREE
PROFIT TAKEN 2500 PER LOT

ICICI 700 OCT CALL BOOKED FROM 12 @ 24 = 2100 PROFIT PER LOT
HOLDING TTML 30 CALL IN LOSS
HOLDING NIFTY DEC 5000 CALL @32 FOR FREE
RELIANCE CASH SL HIT WITH LOSS OF 25 RS (EARLIER)

NIFTY CHARTS VERY NEGATIVE
PRELIMINARY TGT 2600 - 2400
(REMEMBER THEY R CHARTS!)
EARLIER TOLD NIFTY 3200 - 3100 (who remembers conferences and pvt msssgs)
I HAVE NO INFORMATION - JUST USING CHARTS AND COMMON SENSE