Newsletter 13th June 2006 ...A day before 8800

( One day before we hit 8800 we recommended selective buying in big stocks and followed it by a list next day. Stoploss for bear phase 8800. We closed at 9450 odd levels before this email......Thats called accuracy
( accuracy rate ( which people brag of ) and the height of pin point accuracy are two different things my friend...when u r correct how correct u are makes the difference in this world ) ..
dont tell me 8799 is stoploss hit coz it was seen for a second only .... )

Newsletter 13th June 2006

GOOD MORNING.

DEAR FRIENDS,

DITTO!!

MARKETS TO CONTINUE IT'S DOWNWARD JOURNEY. WE RECOMMEND SELECTIVE BUYING AROUND 9150 - 8900 RANGE. KEEP STRICT STOPLOSS AT 8800.

BREACH OF 8800 POINTS WILL SPELL ENTRY INTO BEAR PHASE.

TODAY, SUPPORTS EXISTS AT 9300 & 9150. RESISTANCES ARE AT 9580 & 9733.

WE REFRAIN FROM GIVING RECOMMENDATIONS DUE TO HUGE VOLATILITY HITTING DAY TRADERS ON EITHER SIDE.

TAKE CARE!

BEST REGARDS,



NS FIDAI
DISCLAIMER:
[The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. Author will not be held responsible for any losses, financial or otherwise, incurred.]
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