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MARKET FROM NEXT WEEK
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Share it on FacebookWHAT DO U GUYS FEEL ABOUT THE MARKET NXT WEEK ? GENERAL GUT FEEL: EW FEEL; TECHNICAL FEEL; NEWS BASED FEEL; EXPECTANCY FEEL ; RETRACEMENT FEEL ; STOCK SPECIFIC FEEL ; SECTOR SPECIFIC FEEL ; FII/DII SPECIFIC FEEL; RBI FEEL;INFLATION FEEL ; ANY OTHER FEEL?
NIFTY CHART GAVE AN EV STAR TO DAY ? EID KA CHAND;KHUSI KA DIN .THOSE IN SHT SIDE AND THOSE IN THE LONG SIDE WOULD TEND TO INTERPRET IT IN HIS OWN WAY. WHICH SIDE R U?
20.09.11 dow - 108; sgx nifty -17
TO DAY'S VIX
|
32.00 |
32.81 | 30.50 | 31.07 | 32.00 | -2.90 |
TO DAY'S VIX - RANGEBOUND.TREND UP.
As on Sep 30, 2011 15:30:27 hours IST
India VIX  |
||||||
| Open | High | Low | Current | Prev Close | % Change | |
| 31.07 | 32.52 | 30.28 | 31.94 | 31.07 | 2.80 | |
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congrats!
i tried many times to up load a chart but failed.
any how i feel please see the weekly charts too.
it shows a strong support around 4882 levels.
AS I TOLD U RUD, IT DID NOT EVEN OCCUR TO ME THAT U DID ANYTHING WRONG. EVERYBODY HAS A RIGHT TO KNOW THE RATIONALE OF ANY STATEMEN. AT LEAST THATS WHAT I BELIEVE IN.
AND DONT CENSOR UR WORDS. AT LEAST NOT TO ME. FREEWHEELING OF IDEAS CAN BLOSOM 100 FLOWERS.
Dear sir , im really sorry for my comment , i never questioned ur analysis , i cant even question question bcos i dont know anything about charts , and i know you do lot of work before you say anything in this forum .......but with regard to my comment i just said it in a general manner , i mean in a very general manner , kind of statement which everyone say when something working for them and they try to negate just to avoid disapointment if it goes wrong as i am having huge short positions and need market to go down badly to recover my losses in earlier years ........... nothing to hurt or leg pulling ... may be i became quite liberal in words using ............ im really really sorry if my comments hurt , i am really sorry .......... i will take care of my words in future ...... i think im also hurt bcos i hurt u ........
NOW LOOK @ THE CHART HERE.
http://www.google.com/finance?q=NSE:NIFTY
WHAT DO U SEE ? IN THE DAILY CHART. PLEASE OPINE.
(BTW, I AM NOT NECESSARILY IN FNO.)
SOMEHOW I COULD MANAGE TO UPLOAD THE CHART FROM NEXUS. LOOK AT THE GAP DOWN. IT GENERALLY SIGNIFIES A CONTINUATION OF CURRENT DOWNTREND. A LONG BLACK BODY, ANOTHER BLACK BODY GAPPED BELOWTHE PREVIOUS ONE. THIRD DAY IS A WHITE CANDLE WITHIN THE BODY OF THE SECOND DAY; CLOSES IN THE GAP BETWEEN THE LAST TWO DAYS BUT DOES NOT CLOSE THE GAP. THUS SPAKE THE TEACHER. SO BE IT.
HEY RUD, I AM NOT A SOOTHSAYER. COME TO THE CHART THERE SEEMS TO BE A DOWNSINE TASUKI PATTERN . I WLL JUST PUT UP THE CHART FOR USE.HOLD A BIT.
CLOSING NIFTY SHOWS SLIGHTLY OVERBOUGHT POSITION. CHANCE OF FURTHER DRIFT DOWN; A GAP DOWN OPEN .
..............................................................................................................
..................................LETS SEE TOMORO 9:15 AM..........................................
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things are not looking good in daily chart. MACD,RSI, STOCHASTIC all showing negative divergent.
a fall of neck line 4940 can give nifty more pain.better sit sidelines.
i am expecting 4882 to touch then a rebound? i dont rule out the posibility of that to happen.
if that happen then once again nifty could kiss 5050-5070 levels.
now waiting for 4882
CLOSING NIFTY SHOWS SLIGHTLY OVERBOUGHT POSITION. CHANCE OF FURTHER DRIFT DOWN; A GAP DOWN OPEN .
BTW I RECD THIS MAIL FROM ANAND RATHI WHICH IS SELF EXPLANATORY. thot to share.
Sensex- made a double top 17209 & 17211 and closed the Gap-up levels (16894-16922) which is first sign of weakness. Sensex has closed marginally positive for the week and if previous week low of 16488 is breached then correction would be very fast. Sensex has also made rising wedge in falling market which is very negative, and Wedge has been broken on downside sustaining which correction below 15765 would be the fastest in weeks to come. Bear phase rally market normally never gives chance to exit so have position manageable levels. SENSEX to be positive should sustain 20DMA 16646 and cross 17355 @ fastest time failing which rally will sizzle out.
NO MICKEY . I AM NOT GIVING ANY CALLS ;AT LEAST NOT IN NIFTY. I LIKE A PARTICIPATIVE DISCUSSION AND COLLABORATIVE APPROACH.JUST SUDDENLY SOMEBODY'S SO CALLED CALLS BECOME HOT NOT NECESSARILY MAKES HIM AN EXPERT. HAVING SAID THAT I REQUESTED PEOPLE TO APPRECIATE THE ACQUIRED WISDOM BENEATH THE VENEERS OF A CALL AND TRY TO BETTER IT. NOTHING MORE, NOTHING LESS.REST AFTER 3-30 PM.
haha ... actually that is a genuine appreciation , and as i said before i want u to continue good work , bcos u hav great capacity of summarize the whole scenario , broad vision , which many of us lacking ....
Dada ..Gd Afternoon ..You Started Nifty Calls Now ....I Missed it ...
THIS THREAD IS VERY USEFUL TO KNOW THE OVERALL SENTIMENT OF THE MARKET .................
RUD-U R NAUGHTY. BUT I LIKE IT. RAGGING WAS MY PASS TIME IN VINTAGE ERA !!
good prediction ......well done ... congrats ............ wat next? throw some wonder stones from ur basket ........
THANq HARISH. AT LEAST SOME BODY ACKNOWLEDGES. IF WINTER COMES, CAN SPRING BE FAR BEHIND ! CERTAINLY ONE DAY PEOPLE WILL TAKE ME SERIOUSLY .LIKE ANY ORDINARY MORTAL , I WOULD ALSO LIKE SOME WORDS OF ENCOURAGEMENT.WHETHER I AM THERE AT THAT POINT OR NOT IS DIFFERENT.
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