15th june > @ 17412 > BULLS ENTER

[sudoku1]

Re: Sensex TECHNICALS

11_____
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\______________________/ sinks on a close below 14816



short-term momentum is sagging...... Negative divergence is apparent in both the daily ROC as well as the RSI..... Similar trend is seen in the weekly ROC implying lack of momentum in the medium-term as well.



As a trader... filter the noise & focus on several key market components....... they r........................ relative strength & earnings growth.

 

[sudoku1]

Re: Sensex TECHNICALS

last close >> 15831


11_____
___,-"::::::::"=._,_@___
\______________________/ sinks on a close below 14570





bad man ??:clap:

http://economictimes.indiatimes.com/articleshow/4854207.cms


Don't let ur beliefs dictate ur trade...... Only price should do that.....bcoz
When profits come 2 easily, its time 2 reduce risk

 

[sudoku1]

Re: Sensex TECHNICALS

11_____
___,-"::::::::"=._,_@___
\______________________/ sinks on a close below 14570




street whisper says >

> ADANI POWER is likely 2 list on 20th aug

>RELIANCE MEDIA WORLD (the radio arm of ADAG is mulling listing on xchanges.... each share of ADLABS is likely 2 get 1 share of RMW

 

[sudoku1]

Re: Sensex TECHNICALS

11_____
___,-"::::::::"=._,_@___
\______________________/ sinks on a close below 14570


the imp zone 2 watch is around 16,200. This level occurs at 61.8 % retracement of the down-move from January 2008 peak & MAY POSE as serious hurdle 2 the rally......



"I WILL B BACK".........remember ?


http://www.thehindubusinessline.com/2009/08/05/stories/2009080551781000.htm


Good investing is a peculiar balance between the conviction 2 follow ur ideas & the flexibility 2 recognize when u have made a mistake.

 

[MurAtt]

Re: Sensex TECHNICALS

And since every TDH is now talking abt resistance of 61.8% retracement - is it not more chances of it getting broken ...



Contrarian

 

[sudoku1]

Re: Sensex TECHNICALS

And since every TDH is now talking abt resistance of 61.8% retracement - is it not more chances of it getting broken ...



Contrarian

The danger is always lurking around...

http://www.traderji.com/position-trading/21819-sensex-technicals-187.html#post344905

 

[sudoku1]

Re: Sensex TECHNICALS

last close >> 15904

11_____
___,-"::::::::"=._,_@___
\______________________/ sinks on a close below 14570


Though the index is at around key resistance zone (61.8 %), traders should desist from fighting the up-trend by initiating pre-emptive short positions.




the leading cause of financial disablement is the belief that u can rely on the experts 2 help u..... Investing requires an intense personal involvement.

 

[sudoku1]

Re: Sensex TECHNICALS

11_____
___,-"::::::::"=._,_@___
\______________________/ sinks on a close below 14570


Sensex is currently at a level that bulls would want 2 see behind them at the earliest while bears do all they can to stop them. This fight for supremacy can cause wild swings in stock prices in the days ahead....



Traders r just as susceptible 2 overconfidence during profitable runs as underconfidence during strings of losers.

 

[pshirurkar]

Re: Sensex TECHNICALS

Yes i do agree with you mr Sudoku1,
the scenario for supremacy is seen from last couple of days. in the morning session bears seems to have upperhand over the bulls while in the afeternoon session the picture is reversed.

 

[sudoku1]

Re: Sensex TECHNICALS

last close > 15514

11_____
___,-"::::::::"=._,_@___
\______________________/ sinks on a close below 14515 2morow




drip drip drrrrrrrrrip >

http://www.thehindubusinessline.com/2009/08/06/stories/2009080651021600.htm


When v trade 2 large, v create exaggerated swings of winning & losing, which in turn create exaggerated emotional swings !