Re: 7th dec-sensex close > 19966 >ALERT>BULLS..EXIT FULL & REENTER ABOVE 20025 CLOSE
Sudoku,
Just curious,if we have a 400 point rally tomorrow and Sensex ends at 20400 odd,you would enter the following day at 20400 +
Also,if you are playing the intermediate to long uptrend,and got in at around August 3rd week,then why not just hold through all this sideways moves?All these moves mean nothing for the longer term traders.
Thanks and looking fwd to the reply.
Saint
the stoploss for this intermediate uptrend which started @ 13989 on 21st aug comes to 18915....a cool 1100 points deep from last clos of 19931....even if v r sitting from 14425 sensex close on 24th aug....hurdles have to b exited in order to maximise the profits.....v r sitting on a heap of 5500 + pts of sensex profits....& suppose 20025 is not crossed on close....v have to wait to exit when 18915 is broken on close.....so the winning formula here is....is it wise to loose 1200 pts or to reenter 300/400 pts abv 20025 & loose just 300/400 pts....?WISDOM QUOTE : "Problems in life come free, solutions come with work and giving up comes with a large price...no success."
hope u got it....!
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"Problems in life come free, solutions come with work and giving up comes with a large price...no success."
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You got to remember that Federal Reserve has tons of bullets to shoot the recession down. Uncle Ben could takes his own sweet time playing bubble bath and still can make the call to cut another 25 basis points for a whopping 10 more times; and still the rate would be at 2.25.......
bulls....another opportunity 2day given by the mkts.......
exit full & reenter only abv 20025 close...
Mid-caps could rise further 2day.....albeit caution is the key word 2day..
European markets made moderate gains last night, and the US indices followed suit. Asian markets are also up this morning, and the global short-term trend is up right now. We can expect gains today, particularly from the mid-caps.
The main indices declined on Monday, with the sensex down 35.32 points (0.18%) at 19,930.68 and the Nifty 13.70 points (0.23%) at 5,960.60. However, the CNX Midcap went up 72.35 points (0.85%) at 8,547.45.
The number of Hotline stocks at 200-day highs went up from 27 to 46, while the number at 200-day lows remained unchanged at 0.
sensex is rotting below a major hurdle of 20025 for 7-8 weeks. The uptrend xpansion would be confirmed beyond doubt once the sensex settles above 20,025.
There was no change in the major trend of any of the Hotline stocks yesterday.
The global rally could help establish an unambiguous uptrend here as well...provided...20025 is crossed on close.
The Nikkei and London’s FTSE-100 are in major downtrends, while most of the others remain in major uptrends. However a handful of indices have lower intermediate tops.
The FIIs bought $1.3 million of stocks on Friday, and the MFs acquired $17.8 million. The FIIs are averaging daily purchases of $101.3 million over the last five sessions, and the MFs are buying at a rate of $19.5 million.
European markets made moderate gains last night, and the US indices followed suit. Asian markets are also up this morning, and the global short-term trend is up right now. We can expect gains today, particularly from the mid-caps.
Most global indices are now in entered intermediate uptrends.
Most major trends are up, though a few indices have lower intermediate tops.
The Dow rose 101.45 points (0.74%) to 13,727.03, and NASDAQ composite 12.79 points (0.47%) to 2,718.95. .....