On Behalf of Spiderman

Spiderman is busy with some personal work and hence won't be able to contribute in the short-term.

15 NOV 2011: IMPULSE OR CORRECTIVE

Hi guys good morning ..i will not be able to provide regular updates till december as i will mostly be out of station and leave...let us see what is happening 2day nifty from 5390 levels is moving in a channel as shown in the chart...so if it breaks 5100 2day go short and be long at every drop towards 5110....

same u have 2 do for coming days keeping in mind the channel lines as top line is near 5275 as 0n date....

a good trade on tcs go long if it ticks above 1160...good luck..

11.11.11

Infosys will give indications of what markets will do next...if it breaks 2700 then down if it holds then up....it will be the first stock to give a break out of this year long bearish phase....larsen and sbi will be the last ones...but slowly both of them will become leaders of next bull run and surprise all...mahindra is in a long term bull trend..so i advise to go long on that near all trendline supports...all investors are advised to buy petronet lng..it might go towards 150-140 zone but no worries..it is in multi year bull phase....hold it for a couple of years and get floored with abundance....good luck

09 NOV 2011: RANGE BOUND GAMES

Hi guys good morning Nifty is still in premium sucking mode as we discussed last week in one of our posts ...

It has not yet broken the range and maintained 5250...

today it is likely to test 5330 and above it 5350...if it reac hes 5370 go short for quick intraday gains....

There is consensus in the market that nifty will fall back from 5450-5500 zone ...so be ready for a surprise either a break away rally or a grinding down move from 5350 only....

i suggest to use shorting of options as a safe tools between 5200-5400 zone...as the energy is getting recoiled and the rocket may get launched on either side...good luck ...m not posting charts 2day as posted 4 charts yesterday...

08 Nov 2011:HANGING ON TENTERHOOKS

Hi guys good morning during the week end i tried to make a web in long term charts...i have made diamonds in above chart those will give u clear idea on resistances supports and targets...as per them nifty will find it difficult to cross 5475 area and in coming days/weeks that should be the zone to go full short...
the above chart is daily chart and it indicates that below 5260 we should again test 5200 levels and then a couple of range bound sessions in this zone....
The above chart is weekly chart a close below 5250 on any trading day of next week will indicate that we are going down or sideways...so short calls if we close below 5250 on any day...

Tuesday,s Polugram ( All actions must be taken with appropriate HRY)
LEVEL	ACTION	SL
5300 or above	SHORT	SL 5327
5185	COVER
5220	SHORT	can not be fixed beforehand
5150	COVER + LONG	SL 5148/5145
All are tantative levels
One can fine tune them according
maiya's move seeing over, tick chart
Last action's Target is Minimum 140 points up from the low

Please take care of opening ( Gaps will cause cancellation of action/actions
accordingly)
NB: The above projections are based on the Hypothesis that from 5326
maiya has been doing a ^C^ of a 4th of which the tantative target is 5150
out of this ^C^ maiya is about to complete its 1st at 5260 level
which works out 5326-5260=66/70		( did 5257 already as 3rd sw)
while doing projections of Complete ^C^ it comes to 175
But because under this label this can't go below 5148
hence Target is set to 5150

good luck guys..

04 NOV 2011: testing of channel lines

Hi guys good morning as we mentioned yesterday to go long as soon as nifty crosses 5250...a gain of approx 75 points that too well explained...in the above chart dear RCG ji has explained about important supports and resistances....
In this chart he is giving out possibility of min 150 points upmove from 5200 levels till 5350..how is it possible ? let us see with help of trendlines..
ok as u see in the above chart the yellow line is first resistance around 5350 and the major major resistance is the red line at 5475..as we have been telling to go short via calls near 5400-5500 zone in staggered lots and long near 5200 zone + -50 points.....good luck guys ...if u see nifty closing above the yellow line go long via shorted puts....

03 NOV 2011:QUICK UPDATE

hi guys if u see the channel in above chart that has been broken...so nifty is likely to go down and test the rectangle correction top of 5170....so any long position should be taken above the resistance line coming from 5400 levels and now is crossing the channel at 5250...
The above chart by RCG ji is also pointing towards a mild correction...good luck