15th june > @ 17412 > BULLS ENTER

[raosrinivas]

Re: Sensex TECHNICALS

is friday not inflation reporting day ? no news ?

 

[sudoku1]

Re: Sensex TECHNICALS

Good to know about your bearish outlook.
Now I am a short-term trader, so how I can use this long-term level in my trading especially when Sensex has moved up almost 2500-3000 points from its low and started an uptrend on both Daily & Weekly charts 1-1/2 months back?

y may b bit late considering 17875.......last fornight it touched 17730........
now there r two options......go short if u r able 2 bear the risk till 17875.....or wait for another bounce back.....

 

[sudoku1]

Re: Sensex TECHNICALS

trader on crude.........

'Of all the commodities I've ever met,
Ur the one I won't forget.
And if I die before you do,
I'll go to heaven and wait for U . .


v can tell our values by looking at our checkbook stubs.

11_____
___,-"::::::::"=._,_@___
\______________________/ SAILS ABV 17875 CLOSE.........

 

[moneygurukul]

Re: Sensex TECHNICALS

y may b bit late considering 17875.......last fornight it touched 17730........
now there r two options......go short if u r able 2 bear the risk till 17875.....or wait for another bounce back.....

As I see, it did not touch 17875. So at what level it was shorted last fortnight and how that level was decided?

 

[sudoku1]

Re: Sensex TECHNICALS

As I see, it did not touch 17875. So at what level it was shorted last fortnight and how that level was decided?

IT is a complicated zinx arrived by fusion of daily , weekly , monthly & qtrly sensex closings & projected on a daily basis......

 

[sudoku1]

Re: Sensex TECHNICALS

11_____
___,-"::::::::"=._,_@___
\______________________/ SAILS ABV 17875 CLOSE.........

first they told that 5150 is the strong support......then 5100 ,5050 ,5020 ,5000.....on & on......now they will tell 4900 is the strong support.....those men with ties on the business channels............
in a weak pullback , never rely on the supports , always worship the resistances......cause , the bears will go on breaking ever bone one by one....& vise versa


traders & invstrs on 2day's mkt....
Kadam yun hi dagmga gaye raaste se,
warna sambhlna hum bhee jante the,
Thokar bhee lagi to us pathar se,
Jise hum Apna khuda mante the


Eyes R two But Vision is One,
Ears R two But Sound is One,
Legs R two But Walk is One,
Similarly , bulls & bears r 2 But ....the trend can b always one, is One..

 

[moneygurukul]

Re: Sensex TECHNICALS

IT is a complicated zinx arrived by fusion of daily , weekly , monthly & qtrly sensex closings & projected on a daily basis......

I am not talking about your favourite level. I am asking, "As I see, it did not touch 17875. So at what level it was shorted last fortnight and how that level was decided?". So my question is at what level, in the last fortnight, Sensex was shorted?

 

[sudoku1]

Re: Sensex TECHNICALS

I am not talking about your favourite level. I am asking, "As I see, it did not touch 17875. So at what level it was shorted last fortnight and how that level was decided?". So my question is at what level, in the last fortnight, Sensex was shorted?

http://www.traderji.com/equities/19139-25jan-sensex-18362-bears-attack-stop-4.html#post151337

 

[moneygurukul]

Re: Sensex TECHNICALS

http://www.traderji.com/equities/19139-25jan-sensex-18362-bears-attack-stop-4.html#post151337

Not so long back but in the last fortnight as you said that last fortnight sensex reached within striking distance to this level and hence I could have taken benefit of this particular level. But you have still not answered to my question, "At which level I should have shorted sensex in the last fortnight and why?". I have no answer from you for, "How this level is helpful to me in trading when downtrend changed to uptrend more than 1 month back." Do I need to sit idle till sensex closes above this particular level?

By the way, the stop was hit on 04/02/2008, am I right? http://www.traderji.com/equities/19139-25jan-sensex-18362-bears-attack-stop-23.html#post149691 ...........

Oops No! The stop loss level was upgraded to 18950 later on 31st January when Sensex closed at 17648.
http://www.traderji.com/equities/19139-25jan-sensex-18362-bears-attack-stop-20.html#post151206

A stop-loss of 1300 points!!!!!!

And now in 4 months from an initial entry of 18011, the Stop-loss has been moved to 17875 on closing basis. What a marvellous trade! 136 points of sensex in 4 months with a SL of 1300 points and if by any reason Sensex closes above 18011 after crossing 17875, it'll be a loss.

What purpose does this kind of analysis serves excpeting bringing a bad name to technical analysis! Is it any better than your favourite Cartoon Network analysts (as you dub them) ?

 

[moneygurukul]

Re: Sensex TECHNICALS

IT is a complicated zinx arrived by fusion of daily , weekly , monthly & qtrly sensex closings & projected on a daily basis......

It's nothing but 50% fibonicci level of the entire fall applied on a line chart.Is that really so complex?