Friday, June 15, 2007

No major updates for next 3 months

Have to pack up stuff in germany etc.
Will be busy, so no regular updates. Just erratic posts if/when I get time.


Nifty 4100 support 4200-4240 res
can touch 4400-4600-4900 if tech rallies.

otherwise trouble
downside??
4040? 3990/3960/3900.... 3556? i don't know
haven't seen any major downside below 4100 yet.

Go back to old post on risk/reward @ 4100 etc.
elwave might be signalling buy setups now

I don't really care what nifty does, i am investing in my midcaps
Will short fno every day if anything looks weak
but I will keep accumulating in delivery.
prithvi 265.. p.e < 6
same with aftek
thats all i can see right now :).
When I see low p.e with high growth I usually think 100% in 1-2 years.

Maybe I should wait for results to buy more.. perhaps some bad news cooking hence the insane weakness.
Either that or market is just being stupid as usual.

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