DHARMESH BHATT

DHARMESH BHATT
The only name in 100% pure technical analysis.
Email: shivaam2003@yahoo.com

16th April 2007.
Weekly Trading Highlights.

Keep stop loss of 13000 & 3860 & buy.

A close above 3966 one side up move will start.

BSE index: (13384) Consider for this week...Expect it to spurt up further to 13512 initially which is a crucial hurdle to watch out for.
A close above 13512 it'll sustain on higher levels & heavy fresh buying will underway & it'll shoot up to 13763 & 13806 which is another crucial resistance area to watch out for on higher levels.
A close above 13806 it'll flare up to 13966 & 14048.
Downward side 13295 a nearest & 13161 a solid support, buy keeping stop loss of 13161.
A close below 13161 it'll turn weak & fall down to 12923 & 12899. A close below 12899 only serious downtrend will start.

Nifty: (3917) Consider for this week...Buy considering 3877 a solid support keeping stop loss of 3860.
Upward side it'll rush up further to 3946 & there after to 3966 initially. Consider 3966 a most crucial resistance to watch out for.
A close above 3966 it'll shoot up like a rocket to 4028 & there after to 4088 & 4104.
Downward side a close below 3860 it'll turn weak & fall down to 3835 & 3820. Break below 3820 heavy panic will drag it down to 3756.
A close below 3756 only serious down trend will start.


HINDALCO: (141) Just take a risk of 4 & grab current futures at an opening bell keeping stop loss of 137.

All set to shoot up to 157 & 163 in hours only.


CUMMINS: (290) Just buy. 25 Rs jump on the card.

WOCKHARDT: (425) Non stop rally up to 465 has begun.

SAIL: (126) A close above 127 it'll shoot up like a rocket. Buy or remain long.

JSW STEEL: (553) Remain long.

STERLITE: (505) Buy.

SUN PHARMA: (1095) Buy or remain long.

CENTURY: (553) Buy.

ABAN OFFSHORE: (2330) Buy keeping stop loss of 2230.

JET AIR: (625) Buy.

M&M: (744) Buy.

INDIA CEM: (167) Buy.

PARSHVANATH & SOBHA: Buy.

IFCI: (38) Keep stop loss of 34 & remain long.

L&T: (1612) Buy.

BEL: (1688) Buy.

CESC: (398) Buy or remain long.

MTNL & RCOM: (158) Buy.

WIPRO, SATYAM & POLARIS: Buy on declines.

RIL & IPCL: Buy.

SUZLON: (1104) Keep stop loss of 1082 & buy.

Fantastic SMS sent on Friday:

At 10:33 am...Buy WOCKHARDT fut. @ 418 sl 413 tgt 465. (The stock fut. then shot up to 425...a super call.)

At 10:44 am...Buy SIEMENS fut. @ 1135 sl 1117 tgt 1184. (The stock fut. then shot up to 1150...A super duper call.)

At 10:48 am...Buy NIFTY @ 3878 sl 3845 tgt 3946. Spot NIFTY levels. (NIFTY then shot up to 3925...A super duper call.)

At 10:54 am...Buy HCL TECH fut. @ 295 sl 288 tgt 312. (The stock fut. then shot up like a rocket to 310...A super duper call.)

At 11:09 am...Buy SUZLON fut. @ 1071 sl 1052 tgt 1128. Buy CUMMINS fut. @ 280 sl 274 tgt 299. (SUZLON fut. then shot up to 1110 & CUMMINS fut. then shot up to 291...Both super duper calls.)

At 11:34 pm...Buy SUN PHARMA fut. @ 1090 sl 1078 tgt 1150. (The stock fut. then immediately shot up to 198...A super duper call.)

At 13:10 pm...Buy INFOSYS fut. @ 2078 sl 2065 tgt 2158. (The stock fut. then remained firm & bullish.)

At 14:00 pm...Buy SOBHA DEV fut. @ 825 sl 815 tgt 843 & 876. (The stock fut. then remained firm & bullish.)

At 14:26 pm...Buy HINDALCO fut. @ 139.50 sl 137 tgt 157 & 163. Buy PARSHVANATH fut. @ 290 sl 275 tgt 315 & 337. (Both remained firm & bullish.)

At 14:30 pm...Buy MTNL fut. @ 156 sl 153 tgt 166 & 171. (The stock fut. then shot up to 159.50...A super call.)

At 15:10 pm...BTST: SUZLON, CUMMINS, HINDALCO, BEL, SAIL, SIEMENS, MTNL, WOCKHARDT.

IMP DISCLOSURE: As an investment & trading consultant, my clients may be having positions in above mentioned stocks. I personally, my family, relatives & friends also may have positions in above mentioned stocks.

IMP DISCLAIMER: Above matter is technical analysis based on & conceived from charts, which are believed to be authentic over long long time. One should think of own risk first before implementing on above analysis. The author won't be liable or responsible for any legal or financial losses made by anybody.