INTRADAY CALLS VIJAY – 27/10/08 | Free Intraday Stock Tips

INTRADAY CALLS VIJAY – 27/10/08

Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â THERE SHOULD ALWAYS BE A LIGHT AT THE END OF THE TUNNEL

THE YEARÂ FROM LAST DIWALI MUST BE NIGHTMARE FOR THE LIFE TIME TO ALMOST EVERYBODY WHO HAD A DIG AT THE STOCK MARKETS. NO BODY HAD PRESUMED SUCH A FALL AT THIS TIME OF LAST YEAR. THE MOTHERÂ OF ALL BEAR MARKETS, MAY NOTÂ COME AGAIN Â FOR THE NEXT FEW DECADES. LIFE AMBITIONS OF MANY WOULD HAVE BEEN LOST IN THIS MARKET TSUNAMI. STILL THE FALL DOES NOT SEEM TO STOP. THE REASONS ARE OBVIOUS. MOST OF THE PEOPLE, WHO ARE DOING THE MARKETING JOBS IN THEÂ STOCK MARKET THEMSELVES DO NOT KNOW THE NUANCES OF INVESTING, BUT,Â INDUCES GULLIBLE INVESTORSÂ AND PROMISE THEM HEAVEN IN THE SHORTEST POSSIBLE TIME. NO STOCK CAN GO UP AND UP FOR EVER. WHEN THE STOCK RISES WAY BEYOND FUNDAMENTALS IT WILL FALL WAY BEHIND FUNDAMENTALS. THAT IS THE BEAUTY OF THE STOCK MARKET. SO IF YOU DO NOT STOP THE MARKET FROM RISING, YOU CANNOT STOP IT FROM FALLING. THE SECOND MAIN REASON IS THE GREED OF THE INVESTING PUBLIC.

MAY BE WE ARE NEAR THE END OF THE TUNNEL, WHERE LIGHT SHOWS UP. ONLY THOSE WHO TRAVEL TILL THE END CAN SEE THE LIGHT. DESPAIR IS THE LONG NIGHT AT THE END OF WHICH THE HOPE OF DAY LIGHT IS SEEN. NEXT DIWALI WILL CERTAINLY BE A BETTER ONE.Â DONT BE GREEDY, BE PATIENT. DONT TRY TO RECOVER WHOLE OF YOUR LOSS IN SINGLE TRADE OR INVESTMENT.

LET THE LIGHT OF THIS DIWALI CONINUE TO GLOW TILL THE NEXT. ALL THE BEST AND A VERY HAPPY DIWALI TO EVERY ONE.

DOW INDEX FUTURE WHICH HAD BEEN AT THE LOWER LIMIT BEFORE THE MARKETS OPENED, CREATED AN EXPECTATION OF A BIG SELL OFF DURING THE DAY. HOWEVER DOWÂ AFTER FALLING T TO THE DAY`S LOW OFÂ 8187 IN THE INITIAL HOUR LOSING 504 POINTS, RECOVERED LATER IN THE DAY AND CLOSED AT 8378 WITH A LOSS OF 312 POINTS. WITH LOT OF ECONOMIC NEWS THIS WEEK, WE EXPECT DOW TO BE VOLATILE. ASIAN MARKETS OPENED SUBDUED ON MONDAY AND NIKKEI HAS RECOVERED FROM NEGATIVE ZONE TO TRADE AT 54 POINTS HIGHER AS OF NOW.

NIFTY FUTURE SUPP LEVELS 2500,2448,2393 RESIST 2764,2874,3030. NIFTY MAY OPEN FLAT. SHORTÂ COVERING MAYÂ HAPPEN AT LOWER LEVELS. HOWEVER THE WORRY IS THAT Â STILL THE BOTTOMÂ MAY NOT HAVE BEEN REACHED.Â A LEVEL OF 2200 IS POSSIBLE. IN THE COMING DAYS.Â AVOID SHORT SELLING AT LOWER LEVELS FOR THE DAY. ABOVE 2770 LEVELS NIFTY FUTURE MAY SEE SOME STRENGTH TO TOCUH 3000 LEVELS.