Long or Short Opinion

[rajputz]

LT is giving good bounce to upside. ZLR on daily charts over CCI, plus higher pivot is also brken with good volumes on EOD charts. It is also looking good over stochastic and RSI.

Check the Charts and comment: -

 

[rajeabc]

Nifty may go to 4200 if it breaks 4900: Daryl Guppy

On Indian markets, he sees a head and shoulder pattern developing on the Nifty. "The Niftys move above 5,400 would invalidate the head and shoulder pattern." He does not rule out the Nifty testing 4,200 if it breaks 4,900.

Is he talking about the pattern below.

 

[MaxX]

Interesting topic here.. let me put in my 2 cents..

See the S&P Option OI chart..

1,100 is the area of maximum pain (max call/put OI).. with options expiry for the s&p around the corner, s&p tends to gravitate towards it (observing this most months).

 

[praveen taneja]

Nifty may go to 4200 if it breaks 4900: Daryl Guppy

On Indian markets, he sees a head and shoulder pattern developing on the Nifty. "The Niftys move above 5,400 would invalidate the head and shoulder pattern." He does not rule out the Nifty testing 4,200 if it breaks 4,900.

Is he talking about the pattern below.

Bro as by his name u can understand what he is:lol:
earlier in 2007 I remember he was the bas*rd giving call nifty would break 1000 and now u can see where mkt standing all these analyst are paid donkeys avoid to listen to them rest ur choice:thumb:

 

[rajputz]

earlier in 2007 I remember he was the bas*rd giving call nifty would break 1000 and now u can see where mkt standing all these analyst are paid donkeys avoid to listen to them rest ur choice:thumb:

I think we can just listen to them from one year and throw them out of another ear....Our own TA is the best...but still whats there to listen...just dont let it corrupt you...you can have idea what they are trying to do or make you think...you shouldnt get corrupted of your own view...

 

[rajeabc]

Bro as by his name u can understand what he is:lol:
earlier in 2007 I remember he was the bas*rd giving call nifty would break 1000 and now u can see where mkt standing all these analyst are paid donkeys avoid to listen to them rest ur choice:thumb:

Sirji , I beleive in listening every person but try to use my own brain (if ICICIDIRECT Allows me )

you are right I don't have much faith in these paid guys.

 

[SwingKing]

Every analyst giving his/her comments falls in this bracket. Including you and me!! What seems right to them might seem wrong to us and vice versa. Does it make them Evil? Not necessarily. How many contracts are bought when such comments are made ? I'd say those who follow them or anyone of us are amateurs. And amateurs can never buy the amount of contracts which are required to move the markets. Bulk buying is done by big fishes who listen to none and follow their own analysis. Hence, I don't know how Guppy or any other guy giving out false recommendations will affect the market. Like us, even they have an opinion. Sometimes they are right. Sometimes we are right. This is how markets have functioned and will continue to do so.

Tc

 

[praveen taneja]

Every analyst giving his/her comments falls in this bracket. Including you and me!! What seems right to them might seem wrong to us and vice versa. Does it make them Evil? Not necessarily. How many contracts are bought when such comments are made ? I'd say those who follow them or anyone of us are amateurs. And amateurs can never buy the amount of contracts which are required to move the markets. Bulk buying is done by big fishes who listen to none and follow their own analysis. Hence, I don't know how Guppy or any other guy giving out false recommendations will affect the market. Like us, even they have an opinion. Sometimes they are right. Sometimes we are right. This is how markets have functioned and will continue to do so.

Tc

Bro I have good respect for u and pls dont think I am rejecting ur views but like us they are not putting there views innocently instead they are barking for which they are paid for by there clients and induce innocent retail investors to go against mmkt trend:thumb:
It is not a question of one man buying capacity can move mkt or not my cautious was for those newbies who can buy lower level puts after reading guppies comment . I know all u TA guys know where to put sl but do u think newbies know that ???
I dont think so in most of thread around 150% more sleeping members are there then the persons who are participating and that cautious was for them as many time in many thread I read people posting around 5200 that on CNBC it was coming that support stand at 4700 or 4200 but see where mkt standing now and people must b crying with lower level puts in hand or they had avged there puts on every rise
One of my customer attended CNBC investor camp at Delhi and before programme he was given what question he can ask and watever ans that IDIOT analyst give he have to says I never saw mkt with that angle sir Thnk you very much:lol:
They are only here to change trend towards there clients favourable condition as per my thinking but U guys know better then me sorry again for not accepting ur views

 

[rajputz]

I think we all here are GUPPY in some form. We are here anticipating the move of the market based on our TA. Same is what the other guy is doing. The reason we follow them or not totally depends upon our belief on our analysis. If i am having sound belief on my system then i will just follow what my charts are telling me even after listening to them. But if my belief is shaky then i will be listening to all the assumption and will be totally confused, and most of the time i will catch bottom to sell and top to buy.

I dont know what others do, but i dont watch any news or any other tv channel for the analysis, although i keep track of what the traders are sharing here that market may go positive or market may go negative. Even there are some news article posted in the thread about negative or positive of market. When ever i look some one going counter to my view, it just makes me analyse my TA more properly. I just see if i am mistaken some where in my chart reading. Even if they post the targets same as mine then i try to watch what is common market condition they are looking as me. Thats how it goes for me. I listen to them but I do what my charts tell me to. The one following them are either shaky of their decision or dont have any system to trade.

 

[AW10]

I am so tempted to buy Russia it is so cheap right now but don't have access to go long in that market.

Nimish, have u tried looking at etf RSX.. it will give u exposure to russian market easily. Bhaiya.. etf's ke thru u can trade most of the ideas (and if some idea is missing then start yr etf).

I will be bit cautious in going long there too, cause the RSX is below 200/50/21 MAs and also given lower pivot low/ lower pivot high.
Chk out the chart on yahoo.

happy trading.