Magical October

Hurdle @ 6273

7th October 2010 to 13th October  is 144weeks from high 6336. made on 9th January 2008 which is Crucial for Trend

October 2010  is 24th month from low of 2228 which was made on 27th October 2008.> Crucial for Trend.

from 22 sept 2010  >>>> 7th October 2010 is 15th days that means 6th month + 15 days of solar year >>>> Crucial for Trend

1st October  high 6248 was 22nd  trading day from low 5356 made on 31st August2010 > Crucial for Short term trend

6th and 7th October  is 3rd and 4th trading days from high 6248 made on 1st october 2010 > Crucial for Change in trend.

7th October is New Moon Day  Crucial for Trend .

When ever Nf  Will make new high my Crucial support level will change

Hurdle  @ 6273

Investor keep SL 6091 for Portfolio

Break and 2 close below 6091 then Free Fall upto 5850 -5596.

Problem for Bulls only below support level

Million Rupee ?  will NF cross This October Hurdles.

It was magic NF made exactly low of 6168.80 and my support level was 6169. and taken uturn an made high 6224  and close @ 6177.

MSG Sent:

Buy NF @ 6169 with sl 6160 target 6208 . target achive

hindalco given buy @ 207  book profit given @ 209.5 profit 5000/-

What to expect now ?

if trade below 6177 for 10 min then free fall upto 6091.

and above 6208 if trade then it can zoom upto 6233-6273.

Alert: Trend change or Trend continuation  will take place on 7th October.

Three selling point : sell NF below 6177- sell NF @ 6233. or sell NF @ 6273.

Take chance and sell on this point .

Note: Cut losses and admit defeat when appropriate

-call me in live market u will get free advice till 8th October 2010.