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Is my analysis worthy?


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renu daga

Well-Known Member
hi
members!!

hope everyone is doing fine,,, with nifty pulling high and shorts going with fever!!
good!!december stillnot showing new lows!!predetermined!!!

renu
grasim/ lt tisco/ doing well my favs in hot list

more to study with new inventions!!
 

orderflow13

Well-Known Member
hi
members!!

hope everyone is doing fine,,, with nifty pulling high and shorts going with fever!!
good!!december stillnot showing new lows!!predetermined!!!

renu
grasim/ lt tisco/ doing well my favs in hot list

more to study with new inventions!!
welcome back renu, hope u feeling well now, and i hope market will remain bullish for sake of u :)...keep smiling best luck

btw, there is huge build up in reliance group shares in last half an hour, as per history goes lets see this time around if we have 300 points life in nifty
 

orderflow13

Well-Known Member



Glad to post one bearish chart over here, That above analysis been generated by elliot wave dedicated software ( as in elliot wave those corrective waves eat my brains out n i cant remember xyz, zigzag n connecting abc by xyz so i better rely on auto scanning ) ... This is the chart of HDIL, which i selected for day trading cuz of its high beta, was casually going through this eod chart of HDIL n wt i found is its in a cyclical bear trend which is itself a very very rare thing to find.And in a way it suggests we might hv bounced off the lows but there is much pain left in real estate/housing sector and so in the economical health.
Disclaimer - I am NOT AN EXPERT IN ELLIOT WAVE ANALYSIS so dont take above post seriously.
 

renu daga

Well-Known Member
hi

nifty positons can be taken long till it doenst break 2850/2830,,,,in eod / and intraday also...
nifty long from 2500/2600 have accomplished its tgt and now in bullish zone( not for whole in all)...
aissh da,,,remember we had talk,,and we discussed,, that nifty may be good positive weeks,,,,(reversal)..
third,,,, nifty will slash... at 3000/3200...
if nifty stands firmly at 3200 without making horrible corrections,,,( value to be later posted,,and chart too)...we will surprise to see...4200 soon!!
good pattern visualised,,, remember teh horribl one at 5500...tgting 3200,,similarly ,, beyond 3200..tgt4200BUT HAS TO TOUCH 3200 BY NO MEANS FIRST!!

renu
 

renu daga

Well-Known Member
hi
so at last we are down with roughly 100 points today...
just 2 days befor eosmeone said,,, what u think necessarily may not happen

well stil thoght of some 3120 were the correction could excatly take place,, but approx touched 3100..

now safes levls,,, utmost 2700 not more that
2840 can be seen a aggressive point... which if breached could lead to 2757

renu
 
Hi Everybody,
This is Kalyani.I am new to this forum.I am interested in share trading.Can u tell me where can i get study meterials for fundamental and technical analysis for beginners like me? i am interested in learning about Day trading,BTST,long term & short term trading.
Ur valuable suggestions r invited.

Thanks & Regards,
Kalyani.
 

renu daga

Well-Known Member
hi
this forum itself is full of gems,,,,and links to gems also,,, but u need tp press,, SEARCH BUTTON,,,,many times,,, and put ur time on that to collect piece by piece

renu

u have to go to good thraeds form starting...itself to get into teh matter from starting
 
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