DHARMESH BHATT

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

20th April 2007.

Watch out for resistances at 13683 & 4030.

Crossover above 13806 decisive up move will start.

JET AIWAYS & PARSHVANATH: Rocket like up move on the cards...Just grab futures.

BSE index: (13620) Watch out for crucial resistance at 13683 initially crossover above which it'll strengthen a bit & surge up to 13806 which is a most crucial & solid resistance.
Crossover above 13806 it'll shoot up like a rocket to 13893 & 14038.
Downward side 13540 a nearest & 13423 a crucial support.
Break below 13423 it'll turn total weak & fall down to 13278 & 13189.

Nifty: (3998) Watch out for 4011 a nearest & 4031 a most crucial resistance.
Crossover above 4031 it'll spurt up heavily to 4059, 4089 & 4105.
Downward side 3972 a nearest & 3933 a crucial support.
Break below 3933 it'll turn weak & fall down to 3885, 3876 & 3855.


JET AIRWAYS: (645) Just grab current futures at an opening bell considering 633 a solid support keeping stop loss of 628.

All set to shoot up to 713 & 733 in hours only.

PARSHVANATH: (306) Just grab current futures at an opening bell keeping stop loss of 296.

All set to shoot up to 338 in hours only.


MPHASIS BFL: (304) Remain long.

SATYAM COMP: (448) 442 a crucial support & 435 a trend decider, if they remains intact then expect up surges to 465 & 475.

WIPRO: (578) 592 & 569 crucial trend deciders.

BEL: (1733) Expect it to surge up to 1772 which is a solid resistance & trend decider.

SBI: (1053) Looks good only, remain long.

ACC: (788) 773 a crucial support to watch out for.

JSWSL: (590) Looks good only, remain long.

BHEL: (2503) Selling on higher levels will be seen.

SMS sent yesterday:

At 09:45 am...Sell @ an opening bell: BHEL sl 2570 tgt 2440. ACC sl 827 tgt 785. NIFTY sl 4011 3920. Spot nifty levels. (ONGC fut. fell down to 2475. ACC fut. crashed down to 780 & NIFTY after touching 4011 fell down to 3960...All good calls.)

At 12:42 pm...Sell REL CAP fut. @ 700 sl 704 tgt 668. (The stock fut. then fell down to 695 but later stop loss triggered.)

At 15:20 pm...BTST: PARSHVANATH & JET AIRWAYS.

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.






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