Market bottom done for now?

Look for inv hns and breakout setups on stocks this month.
Already gave hdil earlier it moved up early.
Its still 140+ but consolidating 148-156. Should touch 176 soon.
Next week more short covering in banks and realty since rbi just cut rates.

I will start posting bullish setups for nov/dec when I start seeing them. ex this punter lightweight stock coreprotec just blasted 20-40% in one day... Basically whatever breaks has to be bought now. Shorts are in trouble, squeeze the life out of them. Doesn't matter if its a punter who is short or if its a silly FII/hedge fund.

Bears will keep predicting 2100; they were right about 3600 and 2600 even 2300 but can we go lower?? Select stocks did touch nifty 2k equivalent lows, hell some stocks even went down to 2004 bull market lows. So yes the market is erratic but just because the indiv stocks went down doesn't mean the index will go down all the way..
Thats part of the beauty of diversification :)!

My favorite pick for the next bull market=RELinfra and second in line is rcom.
Rel moved up from 360-460 not bad right? but wait for 520-600-660 much more left.
Sure there will be more dips along the way but every dip is a buy in RELinfra.
Ex. Rel if it dips now on eod , lets say it goes to 520-660 and then dips. 99% chance in my view of a higher low, then u have inv hns and then you get explosion up later..... So basically bottom is done. If you wanna fight it be my guest.
Rcom will post chart soon when I see the setup. Might have a minor breakout above 227 but tough res near 234-244, then 260-270. Not sure if it will react harshly from 234 and then do the higher low so rcom is riskier. Results were damn good. profit growth vs expected drop. RCOm is trading near a p.e of 16, for a company thats gonna grow at 16-20-40% thats damn cheap.

CAT is on the 16th, 2 more weeks of studying then I'll get back to coding some really new and cool stuff :). Right now pretty erratic on the trading side.
I'm practicing with the old CATs. My scores have improved slighlty, I think I'm pretty close to the 99pctile mark in both GMAT and CAT now.

I took the Cat 2007: Got 128 vs around a required score of 100-120 for 1-6 iim calls
2005 cat: Got 64 vs 49 for IIM calls
Now I just need to get a 99pctile in the actual 2008 CAT.
Gotta work a bit more on my Quant/DI skills.
Anyway I think I really should make it into atleast MDI if not IIM. + I would be more comfy at MDI, its right here in Delhi . I'd like to clear the cutoff for IIM mostly for the bragging rights :).

REL 360 wolfe wave buy, target 500 , picture later, cmp 373

Keep in mind wolfe alone is not that powerful.
u need a level
360 is 3 year rel low.

Nifty 2304-2314 is late 2005 low
early 2005 low 2000-1950 area nifty
we wanna be long now
for atleast 3000-3600-3800
depending on timeframe