Mudraa.com
Search Mudraa.com

Home


Buy & Sell Used Cars at CarBHP.com


Topic: Technical Calls

View Profile

WHY THIS RANGE BOUND?

From : Venkatesh D at 09:03 AM - Jun 15, 2011 ( )
Total Views: 258


Share it on Facebook

LOOKING AT THE NIFTY CHART OF LAST YEAR SAME PERIOD JUNE,JULY AND AUGUST

AFTER THE SELL-OFF IN MAY CONSOLITADE IN A TIGHT RANGE OF 5350 TO 5550.

 

I EXPECT IT COULD REPEAT IN THIS YEAR ALSO.

THE DIFFERENCE BETWEEN THIS TWO REACTION IS, THE PREVIOUS ONE IS OCCURED

ABOVE 200 DAY MOVING AVERAGE AND BLAST TO 6335.

THIS TIME IT IS OCCURING BELOW 200MA,SO AFTER AUGUST IT MAY SLIDE DOWN TO 4800.

MY SUGGESTION IS TRADE LIGHTLY IN NIFTY AND AVOID IN OPTION TRADING.

CONCENTRATE IN SELECT MIDCAPS.




In Reply to above Message (1 to 2 out of 2) -- Latest Replies are put on Top | First | << Previous | Next >> | Last |

View Profile
From : Balaji Kumar at 09:26 PM - Aug 08, 2011 ( )


4300 will be the target





View Profile
From : Venkatesh D at 05:22 PM - Aug 08, 2011 ( )


WILL IT COME TRUE?




1 to 2 out of 2 | First | << Previous | Next >> | Last |
(1)

Login to participate in discussion.



Recently Discussed Posts of Venkatesh D

Market Outlook >> WHEN AND WHERE THE MARKETS WILL BOTTOM OUT? (1)

Futures & Options >> BUY NF@5050---5060 (2)

Technical Calls >> BIG MOVE TOMORROW-NIFTY (6)

Technical Calls >> HISTORY MAY REPEAT (1)

Technical Calls >> AT EVEN YEARS -A VIEW ON SENSEX (7)






Disclaimer: The messages and ideas posted on this website are user's own views. Mudraa.com does not own any responsiblity for the information provided by the users.Data delayed 15 to 20 minutes unless otherwise indicated.