Trading with Volume Spread Analysis (VSA)

[adultvish]

What was this today? All the world markets rallying...Infact the Greek stock market has been rallying for past 2 days gaining 7% and India is in dumps. Most of the Asian Markets were well positive. I think there is no hope now until we hear the budget.

yeah, todays move surprized me too.

 

[chaitanyagoa]

yeah, todays move surprized me too.

iss market mein trade karne se acha hai ki main kheti bari karun...:thumb:

the market is proving all the fundamentals bull crap.......arey kuch analysis kaam nahin karte hai.......:annoyed:

 

[hills_5000]

Tell me about it man !

But seeing the dow opening .. gave me this funny feeling that SM was not interested in our markets and was busy screwing the european mkts today !..

a bit of recovery in Dow now..bout 0.5 % ..lets see how the night pans out.

yeah, todays move surprized me too.

 

[bunny]

JPASSOCIAT, HDFCBANK, STER, UNITECH are prospects for short selling in F&O. I am expecting more downside in NIFTY. Hedge yourself if you are long. The Dow is down 0.35% at this moment.

 

[chaitanyagoa]

yeah, todays move surprized me too.

I just wonder why the markets were down when the buying by DII's is double the selling of FII's? Anybody has an idea of what has happened yesterday?

 

[nimish_rulz]

Guys the only saving grace is there is no shorting going on Index futures it has been closing at a premium for the past 2 days. I m not sure what it closed at today but I believe it was higher than the Nifty cash. Tomorrow can be a big day and friday for our markets once the Greek bailout is announced. As we speak Dow is turning positive getting a lot of support at below 10,000 levels.

Key level is 10271 for Dow which needs to be achieved by end of this week and maybe above that giving a hopeful reversal.

 

[adultvish]

iss market mein trade karne se acha hai ki main kheti bari karun...:thumb:

the market is proving all the fundamentals bull crap.......arey kuch analysis kaam nahin karte hai.......:annoyed:

mera man bhi kheti karne ka hai
uske liye land and money chahiye
tabhi to pichhle 4-5 saal se idhar market me hu
jab paise ho jayenge, khet kharidunga aur hal chaloanga
:lol:

 

[adultvish]

Guys the only saving grace is there is no shorting going on Index futures it has been closing at a premium for the past 2 days. I m not sure what it closed at today but I believe it was higher than the Nifty cash. Tomorrow can be a big day and friday for our markets once the Greek bailout is announced. As we speak Dow is turning positive getting a lot of support at below 10,000 levels.

Key level is 10271 for Dow which needs to be achieved by end of this week and maybe above that giving a hopeful reversal.

bro, except for the move that nifty took yesterday afternoon, everything is looking to support the upside move.
hope today things become some more clear

 

[chaitanyagoa]

bro, except for the move that nifty took yesterday afternoon, everything is looking to support the upside move.
hope today things become some more clear

I don't know y the 4830 is causing to be such a barrier....:annoyed:

 

[adultvish]

Tell me about it man !

But seeing the dow opening .. gave me this funny feeling that SM was not interested in our markets and was busy screwing the european mkts today !..

a bit of recovery in Dow now..bout 0.5 % ..lets see how the night pans out.

well, I am still holding my longs
you would like to check the following on EOD and/intraday charts
when market moves up,the volumes are less
when it comes down the volumes increases to provide support.
which clearly indicates that the selling pressure is reducing day by day.
Yes, we are still lacking the buying effort; but at least panic is diminished a lot since last one weak.