==>> Hammer pattern in the Nifty chart suggest some profit booking

Markets opened up week. BSE sensex was down nearly 325 points and Nifty down by more than 100 points. But the Indices surged gradually in the mid session to trade in the +ve zone. but made agood recovery in the closing session. Sensex zoomed more than 200 points and closed above 10700 mark at 10742. Nifty rallied nearly 2.65% to close at 3281 after making a intraday low of 3149 in the early trades. In the my last 2 blogs I had been clearly telling partial profits should be done and the same can be bought at the lower levels, and the Nifty can fall down till 3150-3050 levels. Those who had sold on Monday morning, they might have taken the position today in the mid sesssion. I had given some buy calls
1) 3.29 PM BUY BARTRONICS ABOVE 95-98-100.75-105
2) 3.06 PM Rel capital close above 456 tgt 462-478, breakout pattern
3) 2.52 PM PUNJLYOD CLOSE ABOVE 115, IT’S A BREAKOUT.. TGT 119.7-127……..
4) 2.19 PM BUY PUNJ LYOD ABOVE 109.5 TGT 111-115
5) 1.38 PM Rel capital looks good only above 431, tgt 438-445 SL 427.5, cmp 429....
Today's Nifty pattern made a Hammer pattern in the chart. But the same is made on in the uptrend, the confirmation of this will be seen tom. According to me as i have mentioned earlier that profit booking should be there. Few days back i had given BUY call on DCB, keep an eye on that. REL ENergy looks good. This movement can take the Nifty till 3500 levels also. but profit booking should start from 3450 odd levels.