Welcome to SUMAMURA

May 2011

Friday, May 6 2011

normally i prefer to post levels as late as possible for accuracy.

in view of crack in dow and commodities overnight, i am giving alternate levels to what i posted yesterday night. but still 3 hrs to go to market opening. so look at premarket closing and use the suitable levels.

short / long - 5395/5417 .... sl - opposit

short target - 5373/51 .... long target - 5439/61/83


Friday, May 6 2011

today watch ivrcl / sintex / power finance / united phos / lupin .......

no levels as i hv no time to study charts as i am travelling ....


Friday, May 6 2011

nifty spot intra ..... short entry 5439 .... long entry 5471 ..... sl 5455 for both ......

short targets 5417/395 .... long targets ....5488/5505/22/39

trade cautiously .... i hv not spend much time as i am travelling ....


Thursday, May 5 2011
today i hv given mcdowel / cairn / lupin and BPCL ...... mcdowel / cairn hv already fired and lupin and BPCL wl definitely fire during the day .... just kep watching the levels ..... all other usual stocks indices do give daily steady returns

Thursday, May 5 2011
SILVER .... silver gave a low of 38.95 dollars yesterday. which translates close to 58,000 on MCX. my target is 55,000 in 8/12 weeks but just in 1 1/2 week we hv covered 75% .... cheers ....