15th june > @ 17412 > BULLS ENTER

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Re: 7th dec-sensex close > 19966 >ALERT>BULLS..EXIT FULL & REENTER ABOVE 20025 CLOSE

bulls...WARNING..ALERT...EXIT FULL @ MONDAY OPENING BELL & stay on the fence till sensex closes abv 20025....its not that v r now bearish but 20025 is that old rotton hurdle below which sensex is trading for last 7 weeks!
if now 20025 is not closed in...TROUBLE FOR BULLS AHEAD as this may turn out to b smart distribution in sensex stocks behind the hype & hoopla of small & MADCAP stocks.
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 + :confused:

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
 
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 + :confused:

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
Sudoku,

Eagerly awaiting your reply on this.......:D
 

sudoku1

Well-Known Member
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 + :confused:

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....!
________________________________________________________________

"Problems in life come free, solutions come with work and giving up comes with a large price...no success."
......................................................................................................................................................................

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. .....:)
 
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Re: 7th dec-sensex close > 19966 >ALERT>BULLS..EXIT FULL & REENTER ABOVE 20025 CLOSE

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....?
Probably need to find a way to trail stop it as per your comfort instead of keeping the stop where it is.

Would have been great if you had put up a chart and explained your methodology ,for example,where would your stop have been before Oct 17th 2007,and how would you have tackled the fall?I sincerely doubt if you would have held past that fall.

Anyway,if it works for you,then that's that.....Great going!


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....!
No idea what there is to get.....apologies,quite slow in mentation,I guess.

Saint

ps:Would be great to keep monitoring your calls and updating it here,or probably in another thread,especially seeing the excitement and exuberance with which you post your thoughts everywhere.
 
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 .....................

Thanks and looking fwd to the reply.

Saint
Premonition,great analysis or Fluke,Saint?Sensex up 402 pts with less than 15mins to go.:)

Jay Raj
 
Re: 7th dec-sensex close > 19966 >ALERT>BULLS..EXIT FULL & REENTER ABOVE 20025 CLOSE

Premonition,great analysis or Fluke,Saint?Sensex up 402 pts with less than 15mins to go.:)

Jay Raj
all fluke,my friend....was just giving that as an example although a b/out was on the cards.

Saint
 

sudoku1

Well-Known Member
11th dec-sensex close-20291 > BULLS..REENTER WITH A STOP OF 19505.

at last...after whirling curves...the sensex finally managed to climb the cliff of 20025 comfortably without much workout....the last half hour showed that v r headed abv a close of 20025....& hence now...
bulls..reenter
whatever the fed does tonight....only a close below 19505 will change this xpanded intermediate uptrend.....so , tonight ,dont remain awake as to what uncle ben does....now ,19505 is imp than fed for bulls to remain in the game.
v have been warning bears everytime....not to short the mkts as they should remain in winter hibernation till thir turn comes which seems opaque for the time being......

AMBANI GROUP STOCKS TO FIRE ON ALL CYLINDERS abv 19505.......
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the bull story so far.....
> intermediate trend-- UP
>trend up since......... 21st aug @ 13989 sensex close.
>entry level............. 14425 on 24th aug.
>intermediate uptrend ends....on SENSEX CLOSE BELOW 19505.
>profit/loss.............. AROUND 6000 SENSEX POINTS @ 2DAYS CLOSE.
>last close............. 20291
 
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