15th june > @ 17412 > BULLS ENTER

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sudoku1

sudoku1

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#3,142
#3,142
Re: Sensex TECHNICALS

last close >17554
previous week > 17540

___,-"::::::::"=._,_@___
\______________________/
sinks on a close below 16855




How To Be A Conservative Investor >

http://www.investopedia.com/articles/basics/09/be-a-conservative-investor.asp



Don't ever forget u have 2 go through the tough, tumultuous times before u reach true peaceful harmony... anything 2 easy is a facade !!!;)
 
sudoku1

sudoku1

Well-Known Member
#3,144
#3,144
Re: Sensex TECHNICALS

___,-"::::::::"=._,_@___
\______________________/
sinks on a close below 16855

Fii's turned net sellers in the 2nd half of the week which could account for the lacklustre moves in large-cap stocks..... Trading interest continued 2 b high and open interest crossed Rs 1,10,000 crore !!!!
Despite the excitement surrounding the benchmark recording a new 52-week high in 2010, the move over the last 3 weeks has been in a very narrow range resulting in 3 successive stars in the weekly candlestick chart of Sensex...... -tive divergence in 10-day roc denotes that the decline could continue in the near term.... Interestingly, the monthly oscillators r declining slightly implying that this never-ending sideways move is taking its toll on the momentum in the long-term time-frame !!!



u can't win without an edge, even with the world's greatest discipline & money management skills.... If u could, then it would b possibl win at roulette (over the long run) using perfect discipline & risk con-trol !!!;)
 
V

Vinitpsgupta

New Member
#3,145
#3,145
Re: Sensex TECHNICALS

Minor corrections may there any time in this market - but very soon ( with in 1 to 1.5 yrs ) you will see NIFTY 8000+ , BSE 24000+ ...

Just hold on your equities ( if you have bought fundamentally good ones)..

Thanks.
 
sudoku1

sudoku1

Well-Known Member
#3,147
#3,147
sudoku1

sudoku1

Well-Known Member
#3,148
#3,148
Re: Sensex TECHNICALS

___,-"::::::::"=._,_@___
\______________________/
sinks on a close below 16855

If v apply traditional trend following methods, the med trend stays +tive. But.... the manner in which the index has been dragging its feet over the last 3 months suggests that the rally from March 2009 lows could be in its final stages..... If v extrapolate the move from the 8047 trough, first target occurs at 17867. Again, the first target of the move from 13219 low is at 17971. Sub-minor wave counts narrow down the target further to 17789 (that was achieved on January 6).
In other words, the index could already have formed a medium-term peak at 17790. But v need confirmation in the form of a strong close below 16855 !




'' Do not over take what the market is giving or its going 2 carve u up like theres no tomorrow & thats what this market has been about.;)
 
sudoku1

sudoku1

Well-Known Member
#3,149
#3,149
Re: Sensex TECHNICALS

sudoku1 said:
NIFTY FUTS >

with aggresive put build up @ 5200 area ,i xpect the mkts 2 bounce up till 5175 is held @ close on a short term basis !
bears should b cautious @ these levels...;)
Click to expand...
watch out for the abv levels 2day....;)
 
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