Treasure Hunting Map 22nd Jan 2010

Hello Pirates

What an impressive century creating day we had, one again history has repeated its pages and 21 Jan 2008 crash was a fear in the hearts of traders and yet again the bears showed the surprise and no wonders the bears attack was like the match and century was done by the bears.

We had opened at a gap note and our weekly level for nifty short brake out worked as a charm and see the weekly short brake out lead to massive gains in the pocket of the traders, Nifty has broken the range bound and the trend has turned towards a healthy correction, all the dreams and longs stop losses were hit and we had warned all about the crash at the starting of the month and our positional short was rocking.

Important Nifty Level to watch out
-
5121

Nifty can try to touch

5146 - 5170 - 5213 - 5255

or

5078 - 5036 - 5011 - 4987

Nifty is Strong above 5159

&

Bulls Control below 5011

Pre - Market Call

Buy nifty at 5096 target 5108 - 5120 - 5132 - 5144
SL 5073

&

Sell at 5073 target 5061 - 5049 - 5037 - 5025
SL 5096

This is the 3rd day of the correction phase, today the bears had a century, Dow is Trading in RED, near about 200 points negative, what will happen tomorrow is FRIDAY...

If we see the past years, 21 - 22 Jan 2008 was a deadly beginning and bears had attacked with full force without intimating any one....

21st Jan 2010 - 21st Jan 2008
(Both the days we had a Crash in the session)

BULLS HAD REST IN PEACE THAT YEAR.....


WHAT WILL HAPPEN THIS YEAR ?


THE KEY TO THE lock IS 2010

We would like to wish all the Pirates a very all the BEST.

Regards

Treasure Captain

www.moneybaghunting.blogspot.com
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