Stock Market and Nifty views for 18th December 2008

!!!Om Shree Sadguru Dev Namah!!!!!!!!!!
!!!Om Shree Parsvantha Bhagwan Namah!!!!
!!!Om Shree Mahalaxmi Maat Ki Jai!!!

Disclaimer

This publication has been prepared solely for information purpose and does not constitute an offer or a solicitation to any person to buy or sell a security. While the information contained therein has been obtained from sources believed to be reliable, investors are advised to satisfy themselves before making any investments. I do not bear any responsibility for the authentication of the information contained in the post & consequently,are not liable for any decisions taken based on the same. Further, My reports only provide information updates and analysis.
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Nifty @ 2954.35

Nifty fut @ 2951

Vow what a great day yesterday we had our client were just minting money and everyone were shocked.

Here at Trade-Profit we actually live upto our words Trade and relax profit will be urs, and it was proved yesterday.

Calls given to paid client besides some calls given on blog.

Short DLF @ 272 sl 278 tgt 266 / 260 / 254 and below ------- It crashed to 252

RELINFRA RELCAP all are in front of u.

Anyways, Lets talk about today A Big Question What's Next ?

Here is my opninion .........

There was huge open intrest build up and market was looking for correction hence it fall yesterday

But this fall is more then correction which is seen...... i m expecting Nifty to see New lows of DEC in DEC.

Dont be suprise to see nifty near to 2500 levels.

Stocks Calls:

Short RELCAP sl 477

Short RELINFRA sl 566

Short RELIANCE sl 1352

Short ICICI bank sl 440

and Short Nifty below 2947 tgt 2880 and 2815.

Regards,

Kunal Shah