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Is my analysis worthy?


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renu daga

Well-Known Member
posting new chart with lot of courage,, as dada said cc to elliot waves

nifty chart...

well as deciding all my thtgs have finished / exhautsed...now i am totally blank were it should go technically...
 
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renu daga

Well-Known Member
after 2500 we have jsut no logical support now were ( no buying shoudl be made)!!!2120/1940...

i think simple,,, why dont we start tarding again form 900... no harm,,ata lll.. satrt nifty valusing at 900
mnay stcoks have almost come to taht time value....like hindalco...unitech/ suzlon...as afe a si know,, some are left wil come...

renu
 

renu daga

Well-Known Member
next crack of stock is SBI...

coming to 900 levls...a sposted much earlier,,,break fo 1300 level will make it break from channel...and make it go down journey

renu
 

renu daga

Well-Known Member
nifty//
i have posetd all supportive good indicators sowing nifty sell signals,,, till now,, and more over elliot waves calculation also,,,

2000/1750 next,,,i odnt find 2400/2200 will give nay support at all

2588 was actaully good level,,, were corection shoudl egt over but few simple indicatosr.. bollinger bnads,,, simply shows,,, nifty engulfing in alligators mouth

renu
 
nifty//
i have posetd all supportive good indicators sowing nifty sell signals,,, till now,, and more over elliot waves calculation also,,,

2000/1750 next,,,i odnt find 2400/2200 will give nay support at all

2588 was actaully good level,,, were corection shoudl egt over but few simple indicatosr.. bollinger bnads,,, simply shows,,, nifty engulfing in alligators mouth

renu
renu , you are still calling this a correction ? you should check the meaning of correction first. we are in recession. which means the economy is contracting and the indexes will move downwards as long as we are in one. even if we grow at 8% we still will be in recession in $ terms , we just need to see if we are still a trillion $ economy or not and where our rupee stabilizes.
 

renu daga

Well-Known Member
u mistook me,,

dont go by my words,,, correction,,,

in long back,,, when mkt was5000 i told we haveentered bera phase,,, do u rememeber thoses ,,, words,, if not search my posts and see

when saint / asish da ,,, had argues that we are correcting only

but actually i just used common lang,,,,by which i dont mena we ... are going to rebound and eneter too afts abull jorney ,,no way
i just used lay man lang,,

eevn i am looking at dow..and knwo where abouts of otgher mkts ,,, not much liek u sir,,, still//average......
everyoen knows here by correction i ma not in sense ,, we rae still correcting bull rally....my foot....60 per cent eroded off...what the hell mor eis left to wipe

renu
 
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