Stocks To Keep A Close Eye On

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saivenkat

Well-Known Member
Re: Stocks To Keep A Close Eye On - Chapter II

At present SGX has made a high of 5297.50. I feel that 5300 can be easily broken, because of Dow is making higher and higher, up by 100 pts today, and still i think there is some steam left in it.

Also , S&P if feel may cross 1200 mark this time with ease. No logics with all these up move i connect with. But when bear wakes up with hunger, surely will be with lots of thirst for blood.

Regards
Saivenkat:)
 

aid

Active Member
Hey PPL,

the market blew up in the last 1 hours on short covering and ended on the critical resistance point ie 5260.... The market has been struggling to break this level since long ....



Thanks
Hi Chaitanya ,
I've some doubts.... The question is why people started covering their shorts last hour leaving behind a flat picture of the market.Where is the trigger ? European Market ... or any other News ?

Just see the chart of NIFTY for the last 10days.... Everyone is looking for a magic number(5300) and it's acting like 'somebody pulling the chain, but still it's on the race' , which creates a Bullish sentiments with lots of confusion.
As American market is in green now and DOW is emerging towards 11000 , a gap-up opening is possible , but then today's chart can be reversed to fool everyone. Only Technical indicators , SL , etc is our weapon then.

The critical Market movement depicts the time of correction is nearby , maybe before touching or after touching 5300.

Warm Regards.
--- aid
 

W=E=L=C=O=M=E
B=A=C=K
S=I=R .


Hope your Life is going Fine.

Warm Regards.

---aid

One good thing in this long boring day is the return of 'masiha' >> Savant Garde.....

Welcomeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee back Sirjiiiii:clapping::clapping::thumb:
 
Hi Chaitanya ,
I've some doubts.... The question is why people started covering their shorts last hour leaving behind a flat picture of the market.Where is the trigger ? European Market ... or any other News ?

Just see the chart of NIFTY for the last 10days.... Everyone is looking for a magic number(5300) and it's acting like 'somebody pulling the chain, but still it's on the race' , which creates a Bullish sentiments with lots of confusion.
As American market is in green now and DOW is emerging towards 11000 , a gap-up opening is possible , but then today's chart can be reversed to fool everyone. Only Technical indicators , SL , etc is our weapon then.

The critical Market movement depicts the time of correction is nearby , maybe before touching or after touching 5300.

Warm Regards.
--- aid
Hey Aid,

the up move during the last hour is due to the positive sentiment by the EU markets then the short covering..... I feel that the market parcipants wait for the last hour to close their positions... that is why the up/down move is always at the last hour or so...

Speaking about the correction i fell that the correction is on the way very soon....... i don't think it will be big correction...... may be it will only retest the 5180 levels..... that is my understanding..... Also Reliance Industries is facing some stiff resistance at 1100 levels..... :)
 
In the meanwhile S&P was facing some stiff resistance at 1180 levels has has pulled back since.... :)

I also fell that the US markets will undergo some correction... guess what .... In the Month of march the US markets closed red only thrice or 4 times.... so we might see some correction there too :thumb:

Just my two cents :)
 

W=E=L=C=O=M=E
B=A=C=K
S=I=R .


:clap::clap::clap:
Hope your Life is going Fine.

Warm Regards.

---aid
Sirjiii,

How was your long vacation??? :)
 

rpc

Active Member
Re: Stocks To Keep A Close Eye On - Chapter II

Hi Raunaq
I really appreciate ur modesty in recommending Anant's system over yours.I am not experienced enough to comment on backtesting but ur efforts will surely help many of us to take right decision.Have u backtested ur own system on these lines.What r the results ?
with best wishes
 

scplindia

Well-Known Member
Re: Stocks To Keep A Close Eye On - Chapter II

At present SGX has made a high of 5297.50. I feel that 5300 can be easily broken, because of Dow is making higher and higher, up by 100 pts today, and still i think there is some steam left in it.

Also , S&P if feel may cross 1200 mark this time with ease. No logics with all these up move i connect with. But when bear wakes up with hunger, surely will be with lots of thirst for blood.

Regards
Saivenkat:)
US markets have sold off and ended flat now what is the next move in India.
 
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