Random thoughts on technical analysis

[orderflow13]

p.s. read chart as usd ( doller) ups means crude down

 

[Czar]

logically freddie thing will weaken $ so its quite possible $ pull back down & crude up, I think in 2 days crude will test approx bottom & shoot...

 

[orderflow13]

i m keeping eye on usd/euro ...usd , due for pull back n crude may fall again in short term, n trigger new rally here covering my short calls

 

[orderflow13]

short mcx crude 4788,covered the call at 136.55,no directional sense in nifty

 

[Czar]

Safe...

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For the moment we have entered safe zone & may consolidate for the next 2 hours, 4495 should hold, for safety.... after 12pm we should remain above 4510 (all spot figures)

I told you consolidation for 2 hours...

 

[orderflow13]

eh buddy, that big (s)candle of urs which u arrowed gave me creeps n i cover my short call ..... i found one trend, ur very good especially in hourly charts n analysis, keep posting at nifty thread if possible after each over,it will be help for others too

 

[orderflow13]

n r u keepin eye on rpl ? crude may fall n rpl ? any connection ?

 

[orderflow13]

31 lk vol at 12.15 pm on rpl with range of 160 - 162, seems weak to me , wts usual vol at this time ? any abnormality czar ?

 

[orderflow13]

 

[Czar]

Beware dont jump the gun in RPL, only below 147...