Nifty target 2850 achived !!!!!!!!!!!!!!!

Dear All,

In our 30th NOV Post we have advice you to go long at 2750 and given target of 2850---3050 with stoploss at 2625 on closing basis , we even told you that we are not in favour of shorts ........... please check the post http://zandusmartchartcalls.blogspot.com/2008/11/market-outlook-on-broder-basis_30.html

we have also remind you to stay long in our 4 DEC Post , please check the post http://zandusmartchartcalls.blogspot.com/2008/12/nifty-levels-bang-on-target.htmlToday we have handsomely achievd our target of 2850 on closing basis .Now what next zandu try to answer

1.For those who have acted on our advice and initiated long at 2750 , stay in in move with trailing stoploss placed at 2850 ( even if it comes at intra day level) , next target is 3050.Any close above 3050 with volumes can set the target 3250-3400 range

2.For those who want to go short, go short in range of 3050-3250 (if come) put stoploss at 3380 on closing basis , please note this is only adviceable to risky traders.

Note : For positional traders nifty support at 2850, 2680,2500 and ristance at 3050,3250,3500 close above 3050 with volume will set the target 3250-3450 range

For technical trading calls please visit ttp://www.equitychartguru.blogspot.com/

For portfolio management advice please visit http://www.fundootechnicals.blogspot.com/

For getting portfolio management advice and trading and investments calls please mail to me at equitychartguru@yahoo.co.in or fundootechnicals@yahoo.co.in

Thanks & happy trading
your's zandu