New Intermed Uptrend!!

[avinash]

Hi Kishore,

Not yet a double top on the daily.........One of the Criteria for a valid double top or bottom:There should be at least one month in between the 2 peaks or greater to qualify it as a valid double top.

So not yet a doubletop on the daily yet.

One more point:The longer the time period between the 2 peaks ,and greater the height of the pattern,greater the chances of a possible reversal from a double top


Happy Trading!!
Saint

Interesting add-ons to yesterday's posts on Double tops/bottoms.....Thank you again!

Avinash

 

[ragh_ash]

Hi Ragh_Ash,
Volatile last few days.......still no definite idea where we are headed.Breaking 2585 ,we have negated the bearish bar from last week......but still a time for caution.

There are still some nice individual plays that are looking good though!

Take care......and all the best!!
Saint

hi saint,
what a blast it was last week, phew!.
again i need to ask this.
what do u do 4 u r charts?
buy them or download EOD and prepare u r own?
if u do buy them tell me where and how much do the vendor charge.
regards
ragh_ash
ps: hopefully i am not getting 2 personal.

 

[abheesh]

Can any one suggest me the possiblities of Lippi systems and premier auto please

 

[Sharestar]

Saint , I have been watching this forum since last few days and particularly your replies which i feel are really helping me and many like me in this topsyturvy market.

I appreciate your valuable services to this forum and congratulate you .

Regards.

Free technical analysis sofware.
www.spacejock.com

 

[chan_preet23]

What About Tata Tele
& Reliance
& Ntpc
& Gecap

 

[Saint]

hi saint,
what a blast it was last week, phew!.
again i need to ask this.
what do u do 4 u r charts?
buy them or download EOD and prepare u r own?
if u do buy them tell me where and how much do the vendor charge.
regards
ragh_ash
ps: hopefully i am not getting 2 personal.

Hi Ragh_Ash,

My data is from Viratech........EOD=9000+VAT
INTRADAY=55000+VAT
The costs on an annual basis.

Saint

 

[sam]

Yeah Saint - Very much with ONGC.

Was not very badly hit last week as am holding only those scrips which are fundamentally strong - but missed an opportunity of booking some profits and re-entering at lower levels!

Am still wondering of what is happening - I never expected such a sudden turn around yesterday....lets see how markets behave today.

What's your call on Mahavir Spinning mills and Petronet LNG at these levels Saint?

Again - Thanks for the concerned replies and in general for your service here.

Tks,
Sam.

 

[Saint]

Yeah Saint - Very much with ONGC.

Was not very badly hit last week as am holding only those scrips which are fundamentally strong - but missed an opportunity of booking some profits and re-entering at lower levels!

Am still wondering of what is happening - I never expected such a sudden turn around yesterday....lets see how markets behave today.

What's your call on Mahavir Spinning mills and Petronet LNG at these levels Saint?

Again - Thanks for the concerned replies and in general for your service here.

Tks,
Sam.

Hi Sam,

Nice one on the ONGC.......as for the others,careful on those.No reason why money hard earned should be easily lost.......for both,wait for a pullback.Conservative attitude is best in times like these.

Saint

 

[Saint]

Saint , I have been watching this forum since last few days and particularly your replies which i feel are really helping me and many like me in this topsyturvy market.

I appreciate your valuable services to this forum and congratulate you .

Regards.

Free technical analysis sofware.
www.spacejock.com

Hi Sharestar,

Always glad to know that I could help in some small way or other...Thanks again for those kind words.Sincerely appreciated.

Wishing you all the very best!!

Saint

 

[ssnkumar]

Hello Saint,

What is your view on Hindalco and Uniplex for long term investment?

Regards,
Narendra