Monday, July 27, 2009

 Treasure Hunting (Results) - Rock on

Hi Friends

What an Booming day, :), nifty moved both sides, we saw buy zone and sell zone in nifty, the multi dragger for the market was Reliance Industries which slipped down to 1906 levels aproximate and markets also came down.

But in the second half we saw some recovery and Reliance Industries was back on track and touched an high of 1950 on minute charts but was not able to cross 1950 levels and fluctuated between 1940 and 1950 levels, thus the market also behaved the same.

But our prediction was set to be right for nifty, volatility increased and after a gap up opening we saw some slips on the higher end and we were not able to sustain the high levels, Nifty made an low of 4528.50, all shorts on nifty were covered in minutes and same goes with Reliance and all of a sudden the market recovered and made an high of 4596.75.

Our startegy for nifty out performed and both side we gained.

Treasure hunt was set to be a jack pot and all the calls also out performed.

We are still bullish on the market and soon we are going to gain more with time as per this time markets may test new highs, these are the updates for the treasure hunt, be in touch to know the hunt and gain your treasure bags.

Regards

Treasure (Captain)

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