15th june > @ 17412 > BULLS ENTER

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sudoku1

Well-Known Member
Re: Sensex TECHNICALS

last close > 16353

11_____
___,-"::::::::"=._,_@___
\______________________/ sinks on a close below 15895 2morow...
Interestingly..... though the Sensex moved beyond the 61.8 % retracement of the previous fall @ 16200, BSE 500 had just reached this level & was facing difficulty moving beyond it..... BSE mid-cap index has retraced only 1/2 of last year’s losses while the small-cap index has not even reached the 1/2 way mark yet in recouping its losses !!!!!!!!!!!!!!;)




There is no absolute truth about the markets....... v only perceive everything happening in the market as a truth !!!;)
 
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sudoku1

Well-Known Member
Re: Sensex TECHNICALS

last close > 17223

11_____
___,-"::::::::"=._,_@___
\______________________/ sinks on a close below 15590 2morow

Hectic activity was also witnessed in the derivative segment resulting in the open interest crossing the Rs 1-lakh-crore-mark again...... Increase in open interest of stock futures is a cause for worry since ..it implies that retail investors r becoming active in the derivative segment of the market..... !:mad:


the trendline supporting the uptrend frm 6th mar was clearly violated last week !



rising capacities....dwindling volms
http://www.thehindubusinessline.com/2009/10/20/stories/2009102051010200.htm
http://www.traderji.com/position-trading/21819-sensex-technicals-199.html#post374064

just last week....the lines abv were showing my concerns & the 2day the f&o volms hit the lifetime roof !!!!;)
 
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sudoku1

Well-Known Member
Re: Sensex TECHNICALS

last close >16283


11_____
___,-"::::::::"=._,_@___
\______________________/ sinks on a close below 15925 2day

Oscillators continue 2 advise caution..... Weekly momentum indicators continue 2 exhibit -tive divergence, but.... they r moving sideways since August.... The Sensex has alternated monthly gains with losses since June this year..... Oct appears set 2 continue this pattern !



Lack of patience: It takes years 2 master trading as an advanced skill; even then... u are never done learning or adapting !
 

sudoku1

Well-Known Member
Re: Sensex TECHNICALS

11_____
___,-"::::::::"=._,_@___
\______________________/ sinks on a close below 15925 2day...

f&o xpiry 2day.....huge volatility on cards....weak ECG heart traders keep off from trading....



degrowth pangs !
http://www.thehindubusinessline.com/2009/10/29/stories/2009102952060100.htm


10 KA DUM >

The 10 Tasks Of Top Trading:

1- Daily Self-Analysis
2- Daily Mental Rehearsal
3- Developing A Low Risk Idea
4- Stalking
5- Action
6- Monitoring
7- Take Profits
8- Abort
9- Daily Debriefing
10- Periodic Review
;)
 
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