PUNTERS TIPS 28 OCT 2011-INDIAN STOCK MARKET BULLISH AND BEARISH STOCKS

"SHORT TERM HOLIDAY FOR  BEAR RALLY, AND BULL RALLY ALREADY STRATED  "
WORKING NOTES:
"ALL MARKETS HAS GONE UP AS FORECASTED  -THIS IS MANIPULATIVE RALLY WOULD NOT SUSTAIN, NOW JUST BUY AND TAKE RIDE UP SIDE WILL FALL IN NOV-2011 WITH SMALL TRAILER,THEN DOWN SIDE WILL START END OF NOV-DEC-JAN-2011.....NEW RALLY WILL START IN MARCH-2012 

TODAY'S STRATEGIES 

•  CAIRN INDIA: CMP 297 TARGET 309
• HINDOILEXPO: CMP 109 TARGET 114
• MuthootFinance (MUTH)and Manappuram Finance (MGFL), with a BUY 

NIFTY INTRADAY LEVEL			NIFTY PROBABLE HIGH	NIFTY PROBABLE LOW
R4	5235	BULL	5283	5045
R3	5222	UP BREAKOUT	5224	5104
R2	5218	UP CAUTION	LEVEL FOR LONG	LEVEL FOR SHORT
R1	5215	SELL	5192	5122
PIVOT	5204		LAST DAY	STRONG BEAR LOW VOLATALITY
S1	5189	BUY	OPEN	5215
S2	5186	DOWN CAUTION	HIGH	5219
S3	5181	DOWN BREAK OUT	LOW	5196
S4	5169	BEAR	CLOSE	5201.8
NIFTY MONTHLY LEVEL			NIFTY DAILY VOLATALITY	0.44%
R2	5340	LONG	NIFTY WEEKLY VOLATALITY	3.68%
R1	5185	SHORT EXIT	NIFTY WEEKLY HIGH	5219
S1	4860	LONG EXIT	NIFTY WEEKLY LOW	5034
S2	4700	SHORT	NIFTY DAY MEAN	5126.5