GOLD/SILVER LIVE RATE

Wednesday, 12 May 2010

12-5-2010

Nifty Main Point – 5148 (Futures)
Nifty can touch - (Futures)
Bulls Magic above - 5162 - 5175 - 5196 - 5291 - 5217 - 5231 - 5244
Or Bears Magic below - 5140 - 5117 - 5075 - 5034 - 5011 - 4989
MOST IMP LEVELS - 5027 Longs

*RULES FOR MAGIC NUMBERS*

*EXAMPLE - Main point - 5102, *

*Bears - 5086 - 5071 - 5046 - 5022 - 5006 - 4991 *

*BEARS GAME *

1. The MAIN POINT is 5102 below that welcome the BEARS & above the
MAIN POINT welcomes the BULLS.
2. Below the Main Point welcome 1st BEAR which is 5086, which if brakes
then welcome BEAR 2 which is 5071, now 5086 is BULLS and if BEAR 2 - 5046
holds then go long till BULLS 1 - 5086
3. Below BEAR 2 - 5071 welcome BEAR 3 - 5046 and this time BEAR 2 - 5071
are BULLS and if BEAR 3 - 5046 holds then go long till BULLS 2 - 5071
4. Below BEAR 3 - 5046 welcome BEAR 4 - 5022 and this time BEAR 3 - 5046
are BULLS and if BEAR 4 - 5022 holds then go long till BULLS 3 - 5046
5. Below BEAR 4 - 5022 welcome BEAR 5 - 5006 and this time BEAR 4 - 5022
are BULLS and if BEAR 5 - 5006 holds then go long till BULLS 4 - 5071
6. Below BEAR 5 - 5006 welcome BEAR 6 - 4991 and this time BEAR 5 - 5006
are BULLS and if BEAR 6 - 5006 holds then go long till BULLS 5 - 5006

AFTER THE CONVERTED BULLS ARE TAKEN THEN THEY AGAIN BECOMES BEARS...

*BULLS GAME *

*Bulls - 5126 - 5151 - 5166 - 5182 - 5206 - 5231*

1. The MAIN POINT is 5102 below that welcome the BEARS & above the
MAIN POINT welcomes the BULLS.
2. Above the Main Point welcome 1st Bull which is 5126, which if cross
then welcome BULL 2 which is 5151, now 5126 is BEAR and if BULL 2 - 5151
doesn’t cross then go short till BEARS 1 - 5126
3. ABOVE BULLS 2 - 5051 welcome BULL 3 - 5166 and this time BULL 2 -
5051 are BEARS and if BULL 3 - 5166 DOESNT CROSS then go SHORT till BEAR 2 -
5051
4. ABOVE BULLS 3- 5166 welcome BULL 4 - 5182 and this time BULLS 3 -
5166 are BEARS and if BULL 4 - 5182 DOESNT CROSS then go SHORT till BEAR 3 -
5166
5. ABOVE BULLS 4 - 5182 welcome BULL 5 - 5206 and this time BULL 4 -
5182 are BEARS and if BULL 5 - 5206 DOESNT CROSS then go SHORT till BEAR 4 -
5182
6. ABOVE BULLS 5 - 5206 welcome BULL 6 - 5231 and this time BULL 5 -
5206 are BEARS and if BULL 6 - 5166 DOESNT CROSS then go SHORT till BEAR 5 -
5206

AFTER THE CONVERTED BEARS ARE TAKEN THEN THEY AGAIN BECOMES BULLS...

PRACTICE ON PAPER IT’S EASY AS IT DOESN'T LOOK....

NIFTY(CASH) STRONG ABOVE 5179
WEEK BELOW 5159
SUP 5147 5131 5111 5089 5075
RES 5152 5167 5179 5192 5209
Above levels are for cash nifty intraday

CHD developers (script code 526917) BSE. buy at around 5.5-5.8
target 6.8-7.0 sure shot call. buy in huge quantities. people have
already started buyin the stock. it was 4.9% up by the end of day when
nse bse ended in deep red. expect it to be an intraday or BTST call.
buy buy buy

BTST "VIRINCHI TECHNOLOGIES LTD" Trading in BSE at 15/- BSE Code:
532372; Target of 35/-;
Its 10/- Face value IT Stock with EPS 4/- and company planning to
equire US company soon will go 35/- soon, Its very good fundamental
stock and dividend Paying company and Good promoters holding 27%; In
this olatality Market safe Buy at CMP and trg 35/- next 1 month


<---Nifty Future--->
Buy Above @ 5148 and 5163 Target 5193-5235 to 5246.SSL-5120
Main resistance -5167-5206-5220
<---Nifty Future--->
Sell Below @ 5126 and 5120 Target 5106-5062 to 4976.SSL-5148.
Main support level -5118-5112-5100.

•The days in May when Nifty will be highly volatile- 17,18,20,31.
(Keep in mind that the yearly weightage "5201" is not supporting the Nifty)
•Investors can slowly buy till May 19, 2010.
•After starting negatively, Nifty will move up step-by-step till 10:15.
•10:15 to 11:00- Nifty will be down.
•11:00 to 14:00- Nifty will go up. And even in this period Nifty will go a little soft from 12:30 to 12:40, with market changing trend rapidly.
•14:00 to 14:40- Nifty will be down.
•14:40 to to the end of the trading day – Nifty may move up.
•Ganesha doesn't find tomorrow as a reliable day.(13th May 2010)


Daily Tips:- 12-05-2010 SSL- Strict Stop Loss
1) Sell ACC Below @ 883.20 TGT 880.35-875 to 860.SSL-889.85.
2) Sell HDFC Below @ 2767.45 TGT 2761.95-2751 to 2719.SSL-2781.55.
3) Buy GNFC Above @ 117.90 TGT 118.75-120 to 124.SSL-116.20.
4) Buy POLARIS Above @ 188.90 TGT 189.80-192 to 195.SSL-186.90.