15th june > @ 17412 > BULLS ENTER

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sudoku1

Well-Known Member
Re: Sensex TECHNICALS

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

inability 2 close abv 17875 makes a room for larger degree fall & threatens 2 breach the lows below 15k..


a trend is ur friend......right ?
but how...?
A frend is 1
who forgives before U say sorry
Understands
wen U say I forgot
Waits Forever wen U say 1 min
And Stands beside u
wen U say leave me alone.:D
 
Re: Sensex TECHNICALS

Hi Soduko 1,

It nice that you share your system. Many of them will be relaxed and try to find out magic down support.:cool:
:D Now you have to take pain to find out new syatem :D
Just kidding.
Its avalanche in market . Its burning. Those who can stand the heat can recover losses in coming 4 -5 months. No technical will help out.
My main question is which sector can lead rally when bear phase is over as timing is not known. ( My view it might be Pharma and banking sector )

Whats your view ?

Regards,
Subodh
 

sudoku1

Well-Known Member
Re: Sensex TECHNICALS

Its avalanche in market . Its burning. Those who can stand the heat can recover losses in coming 4 -5 months. No technical will help out.
My main question is which sector can lead rally when bear phase is over as timing is not known. ( My view it might be Pharma and banking sector )
Whats your view ?
friend,
ITS JUST THE ICE SCATING GOING ON WITH THE AVALANCHE YET 2 RELEASE ITSELF BEFORE IT ENGULFS THE SCATERS.........
NO hopes of recovering the past losses.....penny saved is penny earned &only....only technicals have stood the heat of the mkts while the fundamentals of the economy continue 2 detoriate.
dont anticipate , swim with the realities......let the phase b over , the winning sectors will come abv the waters themselves while the laggards choke underwater & suffocate 2 death.
only abv 17875 , think 2 enter as an invstr ,though bottom fishing can b done 25% of the total investible funds only & in phases & only in large caps.....b 75% in cash.....this is my personal outlook & hence those acting on it should b aware of the pits & loosing the blooming flowers....:)
 

sudoku1

Well-Known Member
Re: Sensex TECHNICALS

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

& one by one , the so called supports.....5150,5100,5050,5000,4950,4900 kept on cracking while analysts & govt officials keep on uttring their rotted lines....'everthing is fine 'inflation will come down in 3/4 weeks , 9% gdp still achievable & so on &so on........17875 was faltering & telling the true indian stry amist the chaos ............:D few lines for our BABOOS ( govt officials)
Ansu aa jate hai rone se pehle
Sapne tut jate hai sone SE pehle
Ishq hai gunah ye kehte hai sabhi
Kaash..... kisi ne kaha hota ....ishq hone se pehle..:D

 

sudoku1

Well-Known Member
Re: Sensex TECHNICALS

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

what 2 say abt these BABOO'S who can't make up their mind on fuel prices......:D
a gap down on monthly charts visible in indices.....a break down gap???


r indians really eating so much mr bush.....?
There is more hunger for love and appreciation in this world than for bread........
;)
 

sudoku1

Well-Known Member
Re: Sensex TECHNICALS

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


People Are Hated For A Single Mistake..
Even Though There Are Thousand Reasons To Love...!
Strange.......... But Fact..!!


stocks that didn't participate in the last rally .....what they tell their winning friends....

Meri tanhai ka mujhe gila nai,
Kya hua jo koi mujhe mila nai,
Phir b dua karenge tere vaste,
Tujhe wo sab kuch mile jo mujhe mila nai...........:D
 
Re: Sensex TECHNICALS

friend , as ur join date is 8th may , its obvious for the confusions.......
No Confusion. I have a feeling that the confusion word is being used as a shield.
on ur first point of entering shorts.........
u could have entered anywher near 17500......it hit these levels twice last fortnight.
No level mentioned anywhere in your thread. And why 17500 and not 17000? How one can know what is the limit of the move? How one can know if 17500 is being hit second time, it wont break away?

on ur second point of sitting idle......
shorting now u run a risk of loosing 1300 points.........if u r prepared.....u may enter......or wait for a bounce.....if it does not occur.....yes , sit idle , as u have missed the train.
I have not missed any train. I know how to board the train without ridiculous risk.
............................................................................................
[
now coming on my trades.......the entry for shorts was 18362 ( the thread itself says the level) & the url below tells 2 average & short more....on 4th feb......the day hit the high of 18895......just kissing the stop of 18975.....
those who short even @ close of that day(18660).....the net average turns 2 around 18500.......
http://www.traderji.com/equities/19139-25jan-sensex-18362-bears-attack-stop-6.html

now the crash......14660 is the low of this trade......4000 pts.....what would one wait for?......even a 3000 pts makes good of moolah..........
now for the current stop of 17875.......even if it gets hit.....what 2 loose ....when the whole of india is still recovering from the jan mayhem itself.
a 4000 pts sensex turns nearly 1500 nifty points.......
One is either a trend-follower or one is not. A person can not be both at the same time. Hence, if trend is still negative, why a trend-follower will book profit and if the trader is not a trend-follower, how he will wait for 4000 points fall, he may book profit after 400 points fall. Basically all this is Coulda, Woulda, Shoulda. Very convenient after moves have happened. "I told you there will be a Big Fall kind of thing" but who told ever to book profit, re-eneter the trade, etc.? Nobody.

friend , half knowledge always proves dangerous..
That is the point I want to drive upon.
 

sudoku1

Well-Known Member
Re: Sensex TECHNICALS

One is either a trend-follower or one is not. A person can not be both at the same time. Hence, if trend is still negative, why a trend-follower will book profit and if the trader is not a trend-follower, how he will wait for 4000 points fall, he may book profit after 400 points fall. Basically all this is Coulda, Woulda, Shoulda. Very convenient after moves have happened. "I told you there will be a Big Fall kind of thing" but who told ever to book profit, re-eneter the trade, etc.? Nobody.
That is the point I want to drive upon.
friend , i m STILL learning & i want 2 learn more & more.....thanks for showing me my mistakes:)

U say & i listen is gud frndship.
If i say & u listen is better frndship.
But I dont say & u understand is best frndship
 
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sudoku1

Well-Known Member
Re: Sensex TECHNICALS

2day.....sensex closed thursday's upside gap in the range of 17000 to 17100..
time wise correction pullback which started from last week of jan may b ending..........sensex lost 2nd chance 2 move past 17875........ever day will now look more frustrative gradually losing confidence 2 crack past 17875..........
invstrs even on a med term basis.......b very very careful......nobody....yes nobody can time the mkts.....but EVERYONE CAN JOIN it........;)
[/COLOR]
& here v r ......gradually , mkts now losing confidence 2 sail past 17875.......
the downsides below 17875 show the way 2 around 15200/15250 or even deeper......again , even long term invstrs....watch the mkt's feet ,its getting cold & cold with every day.....
The bull-phase from 2003 to 2008 phase had continued for over four years, where Sensex multiplied 7 times from 2904 (May'03) to 21206 (Jan'08).
but did anyone's wealth multiplied even 3 times till date??;)



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


 
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