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This was the day Nifty declined from 4170
in the morning to 4002 by afternoon. Later, it improved from 4002 to
4155 levels. A remarkable turnaround.
Arunangshu Lahiri
(8/17/2007 10:32:25 AM): Buy SBI, PNB
Arunangshu Lahiri (8/17/2007 10:46:26
AM): Again a perfect market reversal spotted. SBI up
18 rs since buy call
Arunangshu Lahiri (8/17/2007 11:07:02
AM): Nifty correction levels: 1. 4123/4 2. 4119. Below
that it will try to touch 4100 once more today.
Arunangshu Lahiri (8/17/2007 11:23:10
AM): News of Nikki down 800 points spooked mkt
Arunangshu Lahiri (8/17/2007 12:03:18
PM): If Nifty moves above 4076, it could be a 98% Buy
signal. That will be confirmed if crosses 4086. But below 4058 it will
be again bearish and more bearish Watch the levels. Act on it.
Arunangshu Lahiri (8/17/2007 12:19:57
PM): Nifty Fut 3981 nearest chance to survive, if that
holds
Arunangshu Lahiri (8/17/2007 12:20:16
PM): Nifty Fut 3981 nearest chance to survive, if that
holds
Arunangshu Lahiri (8/17/2007 12:30:08
PM): Bulls hv regrouped and trying again. This time,
Nifty has to cross 4034 to be in buy more once more, Still not very
strong move this, but can act on it
Arunangshu Lahiri (8/17/2007 12:32:19
PM): Above Nifty Futures 3996 is a buying opportunity
Arunangshu Lahiri (8/17/2007 12:35:46 PM): More bad news. dow futures
down 140
Arunangshu Lahiri (8/17/2007 12:36:54
PM): Nifty has made a bearish double top at 4030. Must
cross this to be in buy more. Or expect more down side
Arunangshu Lahiri (8/17/2007 12:39:45
PM): I think Buyers are flocking back. Another upmove
is to be launched. Watch...
Arunangshu Lahiri (8/17/2007 12:41:11
PM): Even if Nifty goes down to new low, buyers are
coming in and mopping up shud lead to recovery soon.
Arunangshu Lahiri (8/17/2007 12:46:45
PM): YESSSSSSSSS............. Nifty shoots up...
Arunangshu Lahiri (8/17/2007 12:53:49
PM): Unless Nifty reaches at least 4085, even this up
move will bring no relief. Only above 4106/7 it will start moving bk to
old level
Arunangshu Lahiri (8/17/2007 1:02:03
PM): Nifty Futures above 4060 can still keep the
upmove going
Arunangshu Lahiri (8/17/2007 1:08:15
PM): Nifty has returned from 4086, my level. Must go
above this or another correction is coming
Arunangshu Lahiri (8/17/2007 1:17:35
PM): Nifty has gone past 40856 and heading for 4100.
Above 4106, expect Nifty to move back to morning opening levels
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