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Saturday, February 06, 2010

Re: [Technical-Investor] Poll results for Technical-Investor

 

Dear Members,
 
I voted for a new high, having faith, that as the 200 DMA is intact, we are on the safer side of a bullish market.
 
I would have changed my vote below 200 DMA, as all the technicals would have given a sell by that time.
 
Cheers !!!!!!!
 
Ash
----- Original Message -----
From: Prashanth
Sent: 05/02/2010 11:57 PM
Subject: Re: [Technical-Investor] Poll results for Technical-Investor

 

Hello,
 
With the results out, I was hoping for members who voted to provide the reasoning behind the same. Let me initiate the same with my reasoning for voting.
 
In the last couple of posts, I am arguing the bearish case and here I am having voted for the Bullish Scenario to unfold. I voted purely on basis of what's available on charts and hence will stick to charts.
 
For a 1 year perceptive, best chart to use will be the weekly chart. If one sees the weekly chart of Nifty, one can notice that we are still way in the top bracket itself. From the low of March 2009, we have made 3 Pivot highs and 2 Pivot lows. Current move is in tune to make the 3rd pivot low.
 
Till date, there is no violation of previous lows and every high has exceeded previous pivot high. This means that on weekly charts, there is still no sign of weakness. The first such sign will come in when we breakdown below 4535 and then the next high is not greater than the 3rd Pivot high. Till such time, in my opinion, market will not have entered the bear phase.
 
Of course, above view is not useful either for traders since we would have fallen quite substantially by the time there is confirmation on weekly charts. This is more of a academic exercise. I personally am a trend follower and hence if I am trading the weekly charts, I see no reason to be short. Last week, my system gave a Sell call, but there is still plenty of time for it to go into short mode.
 
Cheers
 
Prashanth
 
PS: Personally am very much interested in why Sniper voted for both to be breached. I believe that if low is breached, chances of a return to high is very very rare.
 
 
----- Original Message -----
Sent: Friday, February 05, 2010 18:10 PM
Subject: [Technical-Investor] Poll results for Technical-Investor

 


The following Technical-Investor poll is now closed. Here are the
final results:

POLL QUESTION: What do you feel Miss Nifty will do in 2010.

Only 66 members voted in the last poll, out of 5004!
Pathetic, I must admit...please participate whole-heartedly;
No idea - is not a reason - either your charts, or your heart
MUST be saying something,
SO - just select one option.

CHOICES AND RESULTS
- Cross all time high 6357, 37 votes, 32.46%
- Go below 2008 low 2252, 4 votes, 3.51%
- Both of the above, 5 votes, 4.39%
- None of the above - an year of consolidation, 68 votes, 59.65%

INDIVIDUAL VOTES
- Cross all time high 6357
- lakshramnaath@yahoo.co.in
- sanvac2003@yahoo.co.in
- ram_arti@verizon.net
- kumar40@hotmail.com
- ksundarj@yahoo.com
- prash454.ta@gmail.com
- dinkar_mehta@yahoo.com
- shekarjoga@gmail.com
- cnbondre@yahoo.com
- stocks.murtaza@gmail.com
- trends_bullish@yahoo.com
- anoop_y2k74@yahoo.com
- bullinveztor@gmail.com
- yoursamgupta@yahoo.co.in
- deekonda.ravi@yahoo.com
- vishwaabivridhi@yahoo.co.in
- girish.krishnamurthy@gmail.com
- djfreaky2@gmail.com
- wfox1@ymail.com
- amanstk@yahoo.com
- tcdaund@yahoo.com
- cd.sagar@gmail.com
- sandeepshekhar@gmail.com
- sharadlohia@gmail.com
- sunil.kini@yahoo.co.in
- a_gilotra@yahoo.com
- dninar@yahoo.com
- saladi_elr2@yahoo.com
- sssc27@gmail.com
- deepakpatade@yahoo.com
- capitavp@yahoo.co.uk
- ravisudhakar66@yahoo.co.in
- osp2osp@gmail.com
- vichooo_1999@yahoo.com
- akhiljain79@gmail.com
- pgnayak2005@gmail.com
- intradaytargets@yahoo.co.uk
- Go below 2008 low 2252
- pbalaji2k@hotmail.com
- mnkalai_2000@yahoo.com
- patel.rak@gmail.com
- nehamit@gmx.net
- Both of the above
- soundararajanpp@gmail.com
- chirag_patel5141@yahoo.co.in
- snipertrader@gmail.com
- chintan_patel@fwuk.fwc.com
- atchutarao_k@yahoo.com
- None of the above - an year of consolidation
- bees2365@yahoo.co.in
- rpmodi@hotmail.com
- nareshbahrain@gmail.com
- mehtajayesh1971@gmail.com
- xytise@yahoo.co.in
- tkrajnambiar@yahoo.co.in
- vineetb@irevna.com
- asavari15@hotmail.com
- vathsacn@gmail.com
- rushabhdev_comd@yahoo.co.in
- samirmehta001@yahoo.co.in
- sssarihan@yahoo.com
- sanjibm98@gmail.com
- sabbinenin@gmail.com
- mehtajayprakash@yahoo.com
- yogeshyb@yahoo.com
- tssundar89@yahoo.com
- rjuneja123@gmail.com
- ayeshafakhruddin@yahoo.co.in
- rupalsindhvad@yahoo.co.in
- darshan_dodhia@yahoo.co.in
- abarbaruah@yahoo.com
- karpaka@gmail.com
- ppsiva@yahoo.com
- bhavesh_gelani@yahoo.com
- m.thakkar@decisioncraft.com
- nareshch@live.in
- deepen27@yahoo.com
- sureshbhagtani@yahoo.com
- ashrafvahora@gmail.com
- jayakrish2001@yahoo.com
- aks_associate@yahoo.com
- ekamber@gmail.com
- fjl24@yahoo.com
- sunjives@yahoo.com
- raj_velayudhan@yahoo.com
- elindc_2000@yahoo.com
- suresh.thotakura@gmail.com
- nagarajanl@gmail.com
- galrani@gmail.com
- rishi_20042003@yahoo.com
- narinder.rana@gmail.com
- jtsgroups@yahoo.com
- sriganeshh@yahoo.com
- kkpatel1924@gmail.com
- harikishore@gmail.com
- avi.chandra6@gmail.com
- sunofdelhi@gmail.com
- ganesh2cbe@ymail.com
- kunalfortrading@gmail.com
- reachSajeeth@Gmail.Com
- t_rajamohan@yahoo.com
- xfengx_@hotmail.com
- satiishh@yahoo.com
- tomdevasia@hotmail.com
- ndssubscriber@gmail.com
- sushilbhaya@yahoo.co.in
- diganta.mukhopadhyay@yahoo.com
- ap19632000@yahoo.com
- chauhanpramit@yahoo.co.in
- abhijit.selukar@gmail.com
- vndevendiran@gmail.com
- paraddesh@yahoo.co.in
- rythmicrunner@yahoo.com
- amitabh_shankar@yahoo.co.in
- joshi.mandar@yahoo.com
- nagarajansms@gmail.com
- rsmaurya_2003@yahoo.co.in

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