15th june > @ 17412 > BULLS ENTER

[sudoku1]

Re: Sensex TECHNICALS

note down 2days nifty & sensex levels as for the new qtr begining 2morow....these levels will b used 2 calculate the 10% circuit filter for both indices

 

[bjnaikhot]

Re: Sensex TECHNICALS

IMPORTANT SIGNS OF A MAJOR REVIVAL....2512 FOR NIFTY WAS THE LAST SUPPORT SUGGESTED IN MY LAST UPDATION...WAS HELD NICELY..AND A BIG RALLY STARTED FROM THAT POINT AROUND,,NOW WHAT ??...HERE ARE SOME MAJOR SIGNS WHICH SUGGESTS THAT WE MAY HAVE HIT THE BOTTOM

first major sign is when majority of stocks simply ignore immediate resistances,like earlier lows,fibonacci resistance levels and latest trendline resistances,THIS HAS HAPPENED IN MOST OF THE MAJOR STOCKS.

second important point is that when a severe downtrend continues its journey,ossilators responds to rallies with heavy price falls,,than in corrections (sideways mooves),price moves up as ossilator goes down and moves down as it goes up,,and suddenly a move starts when ossilators starts ignoring price rise,,this is the first sign of a new move(in other direction starting).

other important thing tobe noted is that seemingly DISRIBUTION phase turns out tobe CONSOLIDATION, when a major bear phase ends.the broad range was 2630...2950..even a close below 2630,was unable to drag nifty below 2512.

and certain sectors or leading shares makes their respective bottoms atleast ONE bear phase ahead of indices.consumer goods,,,power sector and reliance are the examples in the current rally

election.....generally markets dicounts the future very well,in our case looking at the strenth of the ongoing rally .just before the general elections ,we can presume that we will have a good n strong government in place after elections...no place for mayavati or for that matter the so called third front,,which can possibly destabilize the economy in a big way.

dow hns weekly....looking at the weekly chart of dow ,i feel that (as impact of us markets is very very huge on the whole world markets).theres a wekkly inverted h&s pattern developing,,it all depends upon how next few week passes on for the us markets,if the pattern completes, we may have hit a real [email protected] 9925673239

 

[sudoku1]

Re: Sensex TECHNICALS

11_____
___,-"::::::::"=._,_@___
\______________________/ SINKS ON A CLOSE below 9310

2day.........




my name is bond.....

http://ftalphaville.ft.com/blog/2009/03/30/54186/of-bonds-and-stocks-and-the-weimar-republic/


If u stick around when the market is severely against u.... sooner or later they r going 2 carry u OUT!!!

 

[sudoku1]

Re: Sensex TECHNICALS

last close >9902

11_____
___,-"::::::::"=._,_@___
\______________________/ SINKS ON A CLOSE below 9310

2morow.........




death of buy & hold ?:annoyed:

http://www.thestreet.com/story/10479166/1/kass-the-death-of-buy-and-hold.html


''2 people can have the same circumstances, but...... they pull different meanings from it, & therefore a different set of emotions, actions, & a different life."

 

[sudoku1]

Re: Sensex TECHNICALS

11_____
___,-"::::::::"=._,_@___
\______________________/ SINKS ON A CLOSE below 9310

2day.........



u don’t need complicated Einstein formulas 2 make money in the markets...............
u do need 2 b disciplined & comfortable with urself........



rising mkts .....spurting deficits......
http://www.thehindubusinessline.com/2009/04/02/stories/2009040252230500.htm

 

[praveen taneja]

Re: Sensex TECHNICALS

Sir pls nifty level ?????

 

[sudoku1]

Re: Sensex TECHNICALS

LAST CLOSE > weekly >10349
previous week > 10048


11_____
___,-"::::::::"=._,_@___
\______________________/ sinks on a close below 9170





'' the survivors are the ones who make up the markets success stories..........''


wanna cut weighht ?

http://www.thehindubusinessline.com/iw/2009/03/29/stories/2009032950531400.htm

 

[sudoku1]

Re: Sensex TECHNICALS

Sir pls nifty level ?????

PT....the sensex levels wont differ on nifty levels on actual buy & sell levels....so one can blindly follow sensex & still trade in nifty futs.

on a rough estimate ,u can divide the sensex level with 3.25....but in absolute terms will have 2 track sensex on a position shifting day

 

[sudoku1]

Re: Sensex TECHNICALS

11_____
___,-"::::::::"=._,_@___
\______________________/ sinks on a close below 9170




GIVE ME MORE
[http://www.thestreet.com/story/1048...yah_html_pla6&cm_ven=EMAIL_booyah_html/COLOR]

4 words that kill the trader
HOPE--WISH--FEAR--PRAY !!!!!!!!!!!!

 

[sudoku1]

Re: Sensex TECHNICALS

last close > 10535

11_____
___,-"::::::::"=._,_@___
\______________________/ sinks on a close below 9170





dislocation
http://online.wsj.com/article/SB123854529198376127.htm

"Happiness always looks small while u hold it in ur hands, but let it go, & u learn at once how big & precious it is."