Wednesday, April 02, 2008

==>> April fools day.....

Happy April Fools Day for the Bears in the markets. In the opening after some bull back Nifty witnessed some fresh shorts, that resulted in 30 points discount between Nifty spot and Future. But in the latter half the 30 points discount turned into 30 points premium... it was the day for the Bulls. Bulls made a happy ending by fooling Bears on the April Fools Day.......
This was the message that was posted with the time also.
( ((12:49:41 PM vishal_retail: Nifty spot is trying to make inverted head and shoulder. Buy nifty future if the spot crosses and stays for sometime above 4670. Nifty future turned in premium of rs.20 from dis of rs.20.. maal laoooooo.. JST HOLDDDD
1:28:13 PM vishal_retail: maal laooo Nifty futureeeee. Nifty spot has a small rest at 4750. if it crosses above then jst holddd. PICTURE ABHI BAKI HAI MERE BHAI
12:53:34 PM vishal_retail: buy Power grid, RIL, NIFTY, LITL,RPL, SESAGOA, JAI PRAKASH ASSOCIATIES.)))
I have clearly mentioned that the Nifty is trying to make a head and shoulder pattern. I have also mentioned that if the Nifty turns around from here then it can easily touch 4950-5200. Just hold on for any long positions till the week end… SGX Nifty trading at 195 points +. Worlds markets are also in green around 1.5%-2%. Once again my viewers were well informed in advanced about the bull run. They are still long on the Nifty future and some of the Frontline stocks also… Call given on the right time is worth a million.
U.S Markets rallied overnight. Dow closed up 391 pts, Nasdaq up 84 pts. Asian markets have taken cue from them. HangSang up 852pts and Nikkei up 423pts and all other asian markets are up over 3%. Expect gap up opening of 100pts+ for nifty today.
Nifty will resistance at 4950-5000 levels if this is crossed and the close is above then 5200 confirmed, as the Nifty will make a higer top and higer top formation.
UBS and Deutsche Bank took a combined $23 bn hit on the subprime crisis.

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