Technical view by Nooresh

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Nooresh Merani (3/8/2007 10:35:03 AM): Relaince achieves 1320 today

( Call was initiated yest at 1275 levels )

Nooresh Merani (3/8/2007 10:38:09 AM): Nifty futures discount is arnd 18-20 points as compared to yesterday ....This is a sign of bears not convinced yet...

( yesterday had written 40-50 points ka discount will reduce soon )

Nooresh Merani (3/8/2007 10:53:34 AM): Nifty futures discount is killing all the bears ...So please check out in stock futures u ll see discount will be reduced

Nifty at 3655-3660.....

Nooresh Merani (3/8/2007 11:28:38 AM): Again indication was given in the morning about positiveness....nifty discount reducing

Just before sun outage break 3684-3690 approx

Nooresh Merani (3/8/2007 11:46:48 AM): FII buying always follows after a bounce they never pull it from bottom so keep a track in coming days if fii buying emerges...

Nooresh Merani (3/8/2007 12:18:08 PM): FIIS may soon come so shorters please dont take a risk ..

Nooresh Merani (3/8/2007 12:44:16 PM): I still believe FII buying has not come wait for it to come and we could see bigger move in coming days

Nooresh Merani (3/8/2007 12:52:09 PM): Nifty futures discount at 10-13 points !!!!!!!!!!!!!!!!! ..........this is called bear killing

Nifty at 3700-3710

Nooresh Merani (3/8/2007 12:59:32 PM): is another site of my buddy u can have a look...

Nooresh Merani (3/8/2007 1:10:13 PM): fRESH MOMENTUM ABOVE 3720 AND 12920 LEVELS KEEP TRACK

Nooresh Merani (3/8/2007 1:14:28 PM): Nifty Futures by tomorrow might get into premium

Nooresh Merani (3/8/2007 1:31:36 PM): Bears ke stoploss hit ho gaye ......Now covering will start

Nooresh Merani (3/8/2007 1:45:45 PM): FIIs started value buying with cements and banking ....... Tomorrow other sectors

Guj Ambuja at 109 by end of day 112+ .........BOB at 200 by end of day 207+ ...

Nooresh Merani (3/8/2007 2:22:09 PM): Value buying in beaten realty stocks

Akruti Nirman shot up 20 rs , C & C hit upper circuit, Parsvanath , sobha etc all gave good moment ...

Nooresh Merani (3/8/2007 2:25:59 PM): FIIS ARE HERE >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>.

nifty at 3730

Nooresh Merani (3/8/2007 3:01:37 PM): Nifty dekho 5 -8 soon premium!!!!!!!!!!!!! FIIs rocking .........

Nooresh Merani (3/8/2007 4:00:00 PM): Saying frm morning .......see nifty

Nooresh Merani (3/8/2007 4:09:28 PM): since morning saying FIIs aayenge aur leke jaayenge ..............Kya hua dekhlo

Nifty At 3775 + 150 .........Sensex up 500 ++ ...

Nooresh Merani (3/8/2007 4:18:53 PM): Bye everyone ...........Hope everyone enjoyed some more to come tomorrow...

This is the transcript of our analysis and views during the day to all our yahoo buddies.......



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