15th june > @ 17412 > BULLS ENTER

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sudoku1

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Re: Sensex TECHNICALS

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sails on a close abv 17230 2day

Traders seem 2 b edgy & this air of caution is reflected in the low turnover.... especially in the derivatives segment.
The series of 1 -tive monthly close followed by a +tive monthly close has been continued with Sensex ending 6 % higher in Nov.
Open interest has once again crossed Rs 1-lakh-crore mark with puts outnumbering calls..... The 10-week ROC has been moving just above the 0 line & the 14-week ROC has been hovering between 55 & 70 since Aug implying that though the bias has been +tive, the benchmark has been in a corrective mode over the past 3 months !!!;)





Life teaches all lessons, b careful. When dealing with others, behave in a manner u would like others 2 behave with u." ;)
 

sudoku1

Well-Known Member
Re: Sensex TECHNICALS

A L E R T



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sinks on a close below 16270 2day
the momentum & time which the sensex has spent abv 17127 makes it possible 2 review the view & v r back on the ship with the previous sink levels !
 

sudoku1

Well-Known Member
Re: Sensex TECHNICALS

last close > 17228

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sinks on a close below 16475 2morow
Though the Sensex crossed above the key Fibo retracement resistance of 16,200 2 months ago, the BSE 500 has only just reached this level at 6,700. It needs 2 be seen if the broader index is able 2 climb above this significant hurdle.....

The mid- & small-cap stocks r still under-performing their large-cap peers. While the BSE Midcap index has retraced only 50 % of last year's decline ...small-cap index has retraced only 43 %.





BEWARE >
http://www.thehindubusinessline.com/2009/12/08/stories/2009120853030400.htm
 

sudoku1

Well-Known Member
Re: Sensex TECHNICALS

___,-"::::::::"=._,_@___
\______________________/


sails on a close abv 17230 2day

___,-"::::::::"=._,_@___
\______________________/


sails on a close abv 17230 2day



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sinks on a close below 16475 2day


it would not had been so rash....but v have a peculiar situation where another ship (bear) is following the bulls....now how the bulls handle the situation will b crucial.....the abv 2 levels leave the waves open for both the camp 2 decide the winner !;)
 
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hitesh

Active Member
Re: Sensex TECHNICALS

___,-"::::::::"=._,_@___
\______________________/


sails on a close abv 17230 2day



______________________/

sinks on a close below 16475 2day


it would not had been so rash....but v have a peculiar situation where another ship (bear) is following the bulls....now how the bulls handle the situation will b crucial.....the abv 2 levels leave the waves open for both the camp 2 decide the winner !;)

That means we are at No Man's Land
 

sudoku1

Well-Known Member
Re: Sensex TECHNICALS

last close > 17125

___,-"::::::::"=._,_@___
\______________________/


sails on a close abv 17230 2morow



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sinks on a close below 16385 2morow




help just a key away !

http://www.thehindubusinessline.com/2009/12/09/stories/2009120952840100.htm


If a trader is able 2 make consistent, +tive risk-adjusted returns on a small capital base with a scalable trading strategy, there is reason 2 believe that the trader might b able 2 sustain a living from his or her work !!!!!!!!;)

 
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