Sensex

Saturday, February 06, 2010

Re: [Technical-Investor] Today's data

 

"Yes" is my answer.

And it assumes an importance, in short term trading point of view, that Fridays close is a place to exit short calls. And today's up confirms that.  I expect the market to go up on Monday also, a small retracement up to a minimum of 4800 levels and from there it might continue its downward journey again.

All said and done, opinions are subject to change, you know -without prior notice :-)))

Jk.

Attached chart is not updated with todays data, but at Fridays close MACD cross over changed the bar into green which was short trade exit point.

--- On Sat, 2/6/10, chockkalingamn <chockkalingamn@yahoo.co.in> wrote:

From: chockkalingamn <chockkalingamn@yahoo.co.in>
Subject: [Technical-Investor] Today's data
To: Technical-Investor@yahoogroups.com
Date: Saturday, February 6, 2010, 4:47 PM

 

Dear All

Would like to know whether today's data should be considered for various TA calculations

Chockalingam


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