Sunday, October 21, 2007

TRACK FUTURE MARKET ON 22/10/07

INFOSYSTCH FUTURE -OCT'07 : Watch 1st 15 minutes of mondays opening carefully. If IT sector shows strength, then maintain long position with stoploss 1879.75. Set profit target 1909.75, 1919.75. If it crosses 1921, then hold it for few more session for profit target 1950, 1997. But, if follows southward direction and breaks 1880, then reverse position and go short as long as it stays below 1897 with stoploss 1908.75 and set profit target 1858.15, 1841.25. If it breaks 1840, then hold for days with profit target 1808.15, 1798, 1789.