15th june > @ 17412 > BULLS ENTER

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sudoku1

sudoku1

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Re: Sensex TECHNICALS

sudoku1 said:
last close> weekly>12173

11_____
___,-"::::::::"=._,_@___
\______________________/ sinks on a close below 10775 on D-DAY (monday)




monday.....d-day....BULLS OR BEARS ? who will have an upper hand...?
stop guessing pals......just ride the trend....only & only 10775 will decide who will rul & not the politicians.......
NDA or UPA or ANY FRONTS.......NO MATTER where the equation lies.......bull...relax & have a nice weekend......flee from the field ony if attacked...i.e a close below 10775;)


" When an egg breaks by a power outside, a life ends...... When an egg breaks by a power inside, a life begins. Great things always begin from the power inside!";)
Click to expand...

on 15th ......just before the d-day......bulls were told 2 relax......how do they feel now ???:D
RELAXED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
praveen taneja

praveen taneja

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#2,603
Re: Sensex TECHNICALS

bjnaikhot said:
i got atleast 25 messeges yesterday,saying that tomorrow it will go upto 1000 sensex points,i sent only one liner....where were all these guys in oct-08,,,where were they in march,,,?? they all were calling 1800 nifty ,,,and in march all were calling the rise as a simplr bear market rally,all gorgot one very simple commonsense fact that markets ALWAYS discountS future...for major economical turnings market discounts future 6 months to 1 year ahead.and today morning,(its too early though),singapore nifty is being traded at 4053...A HUGE 368+,this will be a massive gap up opening,if it realy happens.and now after a rally from 2535 to 4000,,i DONT think any analyst will be saying that this is a bear market rally.

the fact is that ,,,even this (market discounts future phenomenon) have its limits...u have to learn to apply it ,sometimes not the 100% portion of NEWS or FUTURE EVENT is discounted in prices ,but we have to keep in mind that there may not be a MAJOR FOLLOW UP NEWS to fuel the markets up and up
so all in all ...i have over the yrs came to conclusion that instead of guessing ,,,we must and must learn to let the charts speak,,and we have to listen them.

on 29th march ,when nifty was just around 2900,i wrote, THAT LOOKING AT THE STRENTH OF THIS RALLY JUST BEFORE THE RESULTS, WE CAN PRESUME THAT A STABLE GOVT. WILL COME TO POWER AND THERE WILL BE NO PLACE FOR MAYAVATI AND SO CALLED THIRD FRONT...the reality is ,,there is INFACT no place for mayavati and third front.

how could i was able to write it ?? ,very simple commonsense logic..charts reflects mass psychology, and answers to 2 questions are same, who votes ??and who trades ?..THE ANSWER IS COMMON MAN.
MY SALUTE TO THE GREAT SUBJECT OF TECHNICAL ANALYSIS AND THE INDIAN COMMON MAN !!
Click to expand...
:clapping::clapping::clapping::clapping:
 
sudoku1

sudoku1

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sudoku1

sudoku1

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Re: Sensex TECHNICALS

sudoku1 said:
friend ,no magic in 17875.....its all abt technicals.
whether v approach this fig or not......even i cant guess......but one thing is SURE.....failure 2 cklose abv it will bring rumbles in the mkts:)
Click to expand...
flashback 2008.......
 
sudoku1

sudoku1

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#2,607
#2,607
Re: Sensex TECHNICALS

11_____
___,-"::::::::"=._,_@___
\______________________/ sinks on a close below 10845 2DAY



the losses of INDICIPLINED traders feed the account of those who guess market direction based on a documented, tested & proven plan which is designed 2 contain risk when they r wrong & maximize opportunity when they r right, combined with consistency in execution of their plan....;)
 
sudoku1

sudoku1

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Re: Sensex TECHNICALS

it is learnt that the GLOBAL fame bear----S.SHARMA was short in nifty futs 2 the tune of 45 lac shares prior 2 election results....he rushed 2 SGX 2 cover his shorts as there is no circuit filter....& here he was heard talking of mkts rising by another 40 %.....the 2 faces of the mkts !!!!!:mad::annoyed:
 
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