Long or Short Opinion

[rajputz]

Two suger majors are showing further fall. Pivot low are broken and we need to be cautious before going long on it. CCI, Stochastics, MACD are also giving the sell signals, but they are all little late for me. I want to enter two or three bars before, but the price has already moved, so i wont enter. But its down for sure.

 

[rajputz]

Check DLF. it has given a Famir Pattern, showing further Upmove. Stochastics are also diverging and RSI already up.

 

[columbus]

Check DLF. it has given a Famir Pattern, showing further Upmove. Stochastics are also diverging and RSI already up.

Small suggestion.Your charts are good.But we are unable to see them at
one go.(Without using scrollbar).How about posting them after resizing?
I think ,it is very easy with imageshack.

 

[rajputz]

Small suggestion.Your charts are good.But we are unable to see them at
one go.(Without using scrollbar).How about posting them after resizing?
I think ,it is very easy with imageshack.

I tried that columbus bhai. But the quality deteriorated, so stopped it. Still i will do the resizing to 800 600. Yuo guyz check if its ok...i dont have any problem with that too...

 

[rajputz]

Did any body notice one major thing about nifty???

After every great fall it makes a great rise, then a little correction, the breaks the previous top or tests it, before going for a long correction. Forming a A B C D E type of Pattern. If it is right then can we see the previous top breaking for the time being, and fell after that. Check the Image.

 

[rajputz]

DLF failed the Famir.

 

[scplindia]

For sesagoa the next target seems to be around 429 418 410...trend decider level is 451.

If move continues on tatasteel, then the next target will be 633 618 592....trend decider is 659.

Rest i will update in evening. Didnt got the EOD data yet.

both stocks have bounced back, what next, do we short at higher levels.

 

[rajputz]

both stocks have bounced back, what next, do we short at higher levels.

Rather wait. Whole Market in indecision. Chaos Theory Working. All patterns Failing. reliance down on Q4 bad results.

 

[rajputz]

Sesagoa showed a temporary hike only. tatasteel can be sold if it crosses 657...otherwise not.

 

[rajputz]

Bhel hooked back nicely today trend continuation signal. CCI has hooked for a gb100 pattern, supported by guppy pivots, stochastics, RSI and MACD. Above 2509 is a buy and closing above 2522 is sure signal for more upside in coming days. Only closing above 2522.