Treasure Hunting Map 27th Jan 2010

Hello Pirates

Happy Republic Day to All - Jai Hind - We are Proud to be a part of such a wonderful country named INDIA

A holiday for all and a black day in the stock market was missed which would had been a happy session for the bears, if we look at the SGX nifty for the session the opening was at 4852 high 4929 and low 4850.

The bears had a big band open for all which one may had never wished of, but we never know would this happen tomorrow, keep your fingers crossed and wish luck that we dont brake down below 4930 levels which is the strong chance for bulls to come back and take an attempt for a new high.

Important Level for the session -
5002

Nifty Can try to touch

5015 - 5029 - 5047 - 5065 - 5078

or

4984 - 4966 - 4952 - 4939 - 4921

Nifty Strong above 5027

&

Bears hands below 4958

Pre Market Call

Buy above 5003 target 5015 - 5027 - 5039 SL - 4980

or

Sell below 4980 target 4968 - 4956 - 4944 - 4933 SL - 5003

This is the 5th day of the correction wave, what an big pull back by the bears, will there is more session in the hands of the bears and the expiry is near, can we see the expiry in the hands of the bears, monday was a bear bull fight and the volumes were very low and 26th Jan was a holiday.....

The key to the Lock will be 27th Jan 2010

We would like to wish all the Pirates all the best.

Regards

Treasure Captain

www.moneybaghunting.blogspot.com
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