New Intermed Uptrend!!

[Satyen]

Hi
saint and others in last two correction before this one we have our buy signal at line 1and 2 we let the market either consolidate or retest its low after recovering

i remember Saint i had asked you about a buy set up some days ago just looking at chart and set up was at line 2 but forgot to consider 4 weeks candle between niftys low and the line 2

Now i feel how difficult to sit doing nothing as market moves in vertical upward and waiting for weekly consolidation or mild pulback feeling like just mised the bus

did i do the mistake not buying at line 3 ??

In coming weeks 2 things can happen market may consolidate or have a mild pullback which is set up like previous correction or it may move upwards

if latter hapeens then what to do ??

Waiting your comments
Regards
Satya

 

[rajesh.sadhanala]

Hi
saint and others in last two correction before this one we have our buy signal at line 1and 2 we let the market either consolidate or retest its low after recovering

i remember Saint i had asked you about a buy set up some days ago just looking at chart and set up was at line 2 but forgot to consider 4 weeks candle between niftys low and the line 2

Now i feel how difficult to sit doing nothing as market moves in vertical upward and waiting for weekly consolidation or mild pulback feeling like just mised the bus

did i do the mistake not buying at line 3 ??

In coming weeks 2 things can happen market may consolidate or have a mild pullback which is set up like previous correction or it may move upwards

if latter hapeens then what to do ??

Waiting your comments
Regards
Satya

Friends! Back from the holiday break.
Satya, the daily chart would give a nice picture for the entries. In weekly chart, unless we take off 4550 levels the intermediate uptrend is not confirmed. Please correct me If I m wrong

As far as move is concerned, it can be more clearly seen in daily charts. Can plz attach the daily chart.

Raj

 

[drpatil2006]

can anybody advice me about patni computers?

 

[Satyen]

Hi
Raj welcome back ,sorry for late reply
by the time you must have updated your data
still posting daily chart .....

Regards
Satya

 

[sean_f]

Dear Saint,
I am a student and have been following your thread for the past one year but not as a member...i have benefitted a lot from your knowledge, although i lost touch because of my exams i have gone back to where i left from in "to teach a man ..." a legendary effort if i must say esp. for the site...i wanted to know your calls about these stocks i have been watching if u could spare a bit of your time.

XL telecom(great news) looking good on weekly charts
Innocrop
Artson
Avantel
and
Electrotherm

Regards

Sean

 

[rajesh.sadhanala]

Hi
Raj welcome back ,sorry for late reply
by the time you must have updated your data
still posting daily chart .....

Regards
Satya

Still moving sideways. Nothing is confirmed yet.. wait and watch game for Nifty. Thanks for your chart. Lets see how it pan out by the end of the week

Regards
Raj

 

[Satyen]

yes a wait and watch mode


regards
Satya

 

[Satyen]

Still moving sideways. Nothing is confirmed yet.. wait and watch game for Nifty. Thanks for your chart. Lets see how it pan out by the end of the week

Regards
Raj

Hi
Raj hourly chart of nifty showing break out from a triangle chart attached....

So Daily side ways and breakout from hourly
Should one buy ????
waiting comments

regards
Satya

 

[stockidea]

stock for swing trading

Hello, I look Cipla for a good swing stock.Cipla is good if buy above 197.

 

[ranj_2k]

Re: stock for swing trading

Your swing call for CIPLA is for 25th Oct only or it is better to always buy above 197 on any days. How, much will be intraday swing.