Sensex

Tuesday, February 02, 2010

Re: [Technical-Investor] Nify is recovering, you might like to buy it

 

Sneha-


You can always start a blog and leave a link here. It takes 5.3 mins to start one and its free.


On Wed, Feb 3, 2010 at 11:50 AM, KKP_Investor <kkpatel1924@gmail.com> wrote:


Sneha, please publish your views on this forum or give us a link and we will get to it.....Thanks.

KKP


On 2/1/2010 1:15 AM, Sneha R wrote:
 

Hi Prashant,
 
Check nifty now, it is in +ve teritorry 4895, This was a live call when nifty was in -ve.
 
Reason is always technical, it will be bit difficult to explain in detail, because there not one method I use to confirm a buy, even I use multiple software becasue they have differnet studies with them.
 
I have attached one basic trendline study with this email, this might give you some insite, there was a major support on this trendline, same time RMO has given a buy signal, the blue arrow (do not follow it blindly this need to be smoothened from wispaw, othewise RMO will kill you :) )
 
Also I do Wave analysis and on wave analysis I can see a new fresh wave 1 formation is under way.
 
Momentum Oscillators are in extra oversold Teritorry, so it will 100% pull back either today or tomorrow.
 
Hope this helps.
 
as FYI I do teach technical analysis where I cover all this in detail, but I publish my views for free.

Regards,
Sneha.
 
----- Original Message -----
From: Prashanth K
Sent: Monday, February 01, 2010 11:56 AM
Subject: Re: [Technical-Investor] Nify is recovering, you might like to buy it

 

Reasons / Charts please.


Cheers

Prashanth

On Mon, Feb 1, 2010 at 10:24 AM, Sneha <snehatilwani@yahoo.com> wrote:
 

Dear friends,

Nifty is looking good at 4860, you may like to buy it for target of 4965/5030/5094 Stop loss, 4789.

if it closes above 4900 then you might not see these level this week again.

Disclaimer : This is just  a personal view and recomendation

Regards,

Sneha.



--  Plan Your Work and Work Your Plan to Get Ahead in 2009-2012.....  KKP Investor ------------ ------------ Bull Markets are Born on Pessimism,  Bull Markets Grow on Skepticism,  They Mature on Optimism, and  Die on Euphoria - Sir John Templeton ------------------------------------ Bear Markets are Born on Recessionism,  Snowball on Momentum & Technical-Breakdowns,  Mature on Eco-Political-Nightmare Talks, and  Die on World-Is-Coming-To-An-End Euphoria - KKP  -----------------------------------------------  >BUFFET: My rule is to be fearful when others are greedy,and be greedy when  others are fearful. All day you wait for the pitch you like, then when  the fielders are asleep, you step up and hit it. Stay dispassionate and  be patient. First the crowd is boozy on optimism and buying every new  issue in sight. The next moment it is boozy on pessimism, buying gold  bars and predicting another Great Depression. Most people get interested  in stocks when everyone else is jumping in. The time to get interested  is when no one else is interested. You can't buy what is popular and  expect to do well.   ABOVE ALL: Whatever God Does, Accept that as Good; Leave Behind ALL Other Judgements/Justifications. ----------------------------------------------------------------------------------------------------     Disclaimer> Do you homework for your ownself and then invest.  My ideas are not advice.



__._,_.___
For Forum Rules of Conduct & Disclaimer, please go through

http://finance.groups.yahoo.com/group/Technical-Investor/files/!Forum Rules of Conduct.txt
.

__,_._,___
Posted by nsivaa at 11:57 PM 0 comments

Re: [Technical-Investor] Be causious on Nifty : But good sign of further upmove

 

Hi Sneha,
 
What be your view on Bank Nifty ?
 
Cheers !!!!!!!
 
Ash
----- Original Message -----
From: Sneha
Sent: 03/02/2010 11:29 AM
Subject: [Technical-Investor] Be causious on Nifty : But good sign of further upmove

 

Dear Friends,

I am sorry I was not in town yesterday so was unable to reply to few of our friends.

Now nifty is trading above its 50% Retracement of 4917 (which is taken from low of 4531 and high of 5303).

This is critical resistance for Nifty , the next target for nifty will be 5008 and 5110.

Support side nifty has support at 4826. (this is major one, nifty has aredy tested this level 4 times, so if it closes below that then there may be short term worry and market can head towards 4600 (but again this is short term, long term market is bullish)

Use of stoploss : As per my experiance and suggestion, whenever you put a stoploss put it few points away from its actual stoploss, otherwise you might see that it hits the stoploss and again goes back to its level.

Recomendation: Today's market is very volatile, if it sustains then its really good for market and might be a new rally upwards, but same time if it falls then 4600 is not rulled out, so i will suggest to stay out for today as it has already 90+ point high.

If anyone is needs techincal view support and resistance then please mail me, i will try to provide it as soon as possible.

Today I am online so you can expect quick reply and again its FREE so do not hesitate.

Note: This is just personal view if you are trading on this, please trade use your experiance, expertise and trade on your own risk.


Regards,
Sneha

 

__._,_.___
For Forum Rules of Conduct & Disclaimer, please go through

http://finance.groups.yahoo.com/group/Technical-Investor/files/!Forum Rules of Conduct.txt
.

__,_._,___
Posted by nsivaa at 11:56 PM 0 comments

Re: SPAM-LOW: Re: [Technical-Investor] Be causious on Nifty : But good sign of further upmove

 

Hi Kishore,
 
You are right I am from bangalore but right now out of station and will be back only after 15-20 days.
 
There are lots of stuff online which you can search. If you go to Gangarams Books store  you get some books there, otherwise you can look for books at http://www.visionbooksindia.com/ 
 
When I was learning they do not use to sell online but now i believe they sell online or otherwise you can ask them to send you by VPP.
 
"Technical Analysis of Stock Trend" and "Technical Analysis Explained" From Martin Pring. These 2 books are good for starting a traditional techincal analysis.
 
other Method is Elliot Wave, which might take some time, but unfortunatly I never got a good book in india. if you
 
If you can afford Amazon.com then you can order any one of following book from Precher. These are simply great asset.
 
 
One Sincere Advice : If you are learning Technical Analysis and Want to make good money in market then remember the following :
 
1. Do a extensive study on Technical analysis, this will take atleast 2-3 months, as per my exp, then start trading in small amounts and slowly increase the quantity once you are comfortable.
2. When you learn technical analysis its very easy to think that you have learnt enought and now you can trade well, but that is not true its very vast and this is a place where for each mistake you loose money.
3. use strict dicipline.
4. Do not trade without stoploss even if sky falls :)
5. Use good Data, software and books for studying even if it costs more, becasue only money makes money. if you do not do this then you will end us saving pennies and loosing Dollors, whereas the idea is few times loose penny for a Doller :)

Regards,
Sneha.
 
----- Original Message -----
To: Sneha R
Sent: Wednesday, February 03, 2010 12:56 PM
Subject: Re: SPAM-LOW: Re: [Technical-Investor] Be causious on Nifty : But good sign of further upmove

 I do very small stock trading for the past 3 years. I don't know Technical Analysis. I joined the group some time back and I was planning to write a mail to the group asking about books/resources to start.

That aside, from the e-mail id, I assume you teach in Bangalore. I'm from Bangalore too. Can you let me know the details about your course?

Thanks,
Kishore


On Wed, Feb 3, 2010 at 12:50 PM, Sneha R <sneha@bangalore-consultants.com> wrote:
Sure. Please go ahead.
 
Regards.
Sneha.
----- Original Message -----
Sent: Wednesday, February 03, 2010 12:46 PM
Subject: SPAM-LOW: Re: [Technical-Investor] Be causious on Nifty : But good sign of further upmove

Hi Sneha,

You mentioned you are teaching TA. Can I ask you questions about that now?

--Kishore


On Wed, Feb 3, 2010 at 11:29 AM, Sneha <snehatilwani@yahoo.com> wrote:
 

Dear Friends,

I am sorry I was not in town yesterday so was unable to reply to few of our friends.

Now nifty is trading above its 50% Retracement of 4917 (which is taken from low of 4531 and high of 5303).

This is critical resistance for Nifty , the next target for nifty will be 5008 and 5110.

Support side nifty has support at 4826. (this is major one, nifty has aredy tested this level 4 times, so if it closes below that then there may be short term worry and market can head towards 4600 (but again this is short term, long term market is bullish)

Use of stoploss : As per my experiance and suggestion, whenever you put a stoploss put it few points away from its actual stoploss, otherwise you might see that it hits the stoploss and again goes back to its level.

Recomendation: Today's market is very volatile, if it sustains then its really good for market and might be a new rally upwards, but same time if it falls then 4600 is not rulled out, so i will suggest to stay out for today as it has already 90+ point high.

If anyone is needs techincal view support and resistance then please mail me, i will try to provide it as soon as possible.

Today I am online so you can expect quick reply and again its FREE so do not hesitate.

Note: This is just personal view if you are trading on this, please trade use your experiance, expertise and trade on your own risk.


Regards,
Sneha

 



__._,_.___
For Forum Rules of Conduct & Disclaimer, please go through

http://finance.groups.yahoo.com/group/Technical-Investor/files/!Forum Rules of Conduct.txt
.

__,_._,___
Posted by nsivaa at 11:48 PM 0 comments

Re: SPAM-LOW: RE: [Technical-Investor] Nify is recovering, you might like to buy it

 

I am member of multiple group and post veiws in all these groups ? is there any problem ?
 

Regards,
Sneha.
 
----- Original Message -----
From: kk s
Sent: Wednesday, February 03, 2010 12:34 PM
Subject: SPAM-LOW: RE: [Technical-Investor] Nify is recovering, you might like to buy it

 

sneha sent a mail from another group 
stockeditor@yahoogroups.co.in on behalf of Sneha (snehatilwani@yahoo.com)
 
 
as, ..............................
 
Dear Friends,
I am sorry I was not in town yesterday so was unable to reply to few of our friends.
Now nifty is trading above .....
 
 
/...............................................
 
 
Today I am online so you can expect quick reply and again its FREE so do not hesitate.
Note: This is just personal view if you are trading on this, please trade use your experiance, expertise and trade on your own risk.

Regards,
Sneha

 
i dont know if it is right to cut paste the whole mssage here from another blog!!!!

 

To: Technical-Investor@yahoogroups.com
From: kkpatel1924@gmail.com
Date: Wed, 3 Feb 2010 00:20:39 -0600
Subject: Re: [Technical-Investor] Nify is recovering, you might like to buy it

 
Sneha, please publish your views on this forum or give us a link and we will get to it.....Thanks.

KKP


On 2/1/2010 1:15 AM, Sneha R wrote:
 


Hi Prashant,
 
Check nifty now, it is in +ve teritorry 4895, This was a live call when nifty was in -ve.
 
Reason is always technical, it will be bit difficult to explain in detail, because there not one method I use to confirm a buy, even I use multiple software becasue they have differnet studies with them.
 
I have attached one basic trendline study with this email, this might give you some insite, there was a major support on this trendline, same time RMO has given a buy signal, the blue arrow (do not follow it blindly this need to be smoothened from wispaw, othewise RMO will kill you :) )
 
Also I do Wave analysis and on wave analysis I can see a new fresh wave 1 formation is under way.
 
Momentum Oscillators are in extra oversold Teritorry, so it will 100% pull back either today or tomorrow.
 
Hope this helps.
 
as FYI I do teach technical analysis where I cover all this in detail, but I publish my views for free.

Regards,
Sneha.
 
----- Original Message -----
Sent: Monday, February 01, 2010 11:56 AM
Subject: Re: [Technical-Investor] Nify is recovering, you might like to buy it

 
Reasons / Charts please.

Cheers

Prashanth

On Mon, Feb 1, 2010 at 10:24 AM, Sneha <snehatilwani@yahoo.com> wrote:
 
Dear friends,
Nifty is looking good at 4860, you may like to buy it for target of 4965/5030/5094 Stop loss, 4789.
if it closes above 4900 then you might not see these level this week again.
Disclaimer : This is just  a personal view and recomendation
Regards,
Sneha.


--  Plan Your Work and Work Your Plan to Get Ahead in 2009-2012.....  KKP Investor ------------ ------------ Bull Markets are Born on Pessimism,  Bull Markets Grow on Skepticism,  They Mature on Optimism, and  Die on Euphoria - Sir John Templeton ------------------------------------ Bear Markets are Born on Recessionism,  Snowball on Momentum & Technical-Breakdowns,  Mature on Eco-Political-Nightmare Talks, and  Die on World-Is-Coming-To-An-End Euphoria - KKP  -----------------------------------------------  >BUFFET: My rule is to be fearful when others are greedy,and be greedy when  others are fearful. All day you wait for the pitch you like, then when  the fielders are asleep, you step up and hit it. Stay dispassionate and  be patient. First the crowd is boozy on optimism and buying every new  issue in sight. The next moment it is boozy on pessimism, buying gold  bars and predicting another Great Depression. Most people get interested  in stocks when everyone else is jumping in. The time to get interested  is when no one else is interested. You can't buy what is popular and  expect to do well.   ABOVE ALL: Whatever God Does, Accept that as Good; Leave Behind ALL Other Judgements/Justifications. ----------------------------------------------------------------------------------------------------     Disclaimer> Do you homework for your ownself and then invest.  My ideas are not advice.


Sell your old one fast! Time for a new car?

__._,_.___
For Forum Rules of Conduct & Disclaimer, please go through

http://finance.groups.yahoo.com/group/Technical-Investor/files/!Forum Rules of Conduct.txt
.

__,_._,___
Posted by nsivaa at 11:22 PM 0 comments

Re: SPAM-LOW: Re: [Technical-Investor] Nify is recovering, you might like to buy it

 

oh, pls, do go ahead, its gud to hear it.........

On Wed, Feb 3, 2010 at 12:16 PM, Sneha R <snehatilwani@yahoo.com> wrote:
 



Hi KKP,
 
I had some personal work and was out of market yesterday so was not online, I hase sent my view on nifty few min back to this forum, but same time Lots of people are there who are not liking my view in this Forum.
 
So if the Moderator of this forum is ok with me posting comments I will do it otherwise I do not like to disturb people much.
 
Regards,
Sneha.
 
----- Original Message -----
From: KKP_Investor
Sent: Wednesday, February 03, 2010 11:50 AM
Subject: SPAM-LOW: Re: [Technical-Investor] Nify is recovering, you might like to buy it

 

Sneha, please publish your views on this forum or give us a link and we will get to it.....Thanks.

KKP


On 2/1/2010 1:15 AM, Sneha R wrote:

 

Hi Prashant,
 
Check nifty now, it is in +ve teritorry 4895, This was a live call when nifty was in -ve.
 
Reason is always technical, it will be bit difficult to explain in detail, because there not one method I use to confirm a buy, even I use multiple software becasue they have differnet studies with them.
 
I have attached one basic trendline study with this email, this might give you some insite, there was a major support on this trendline, same time RMO has given a buy signal, the blue arrow (do not follow it blindly this need to be smoothened from wispaw, othewise RMO will kill you :) )
 
Also I do Wave analysis and on wave analysis I can see a new fresh wave 1 formation is under way.
 
Momentum Oscillators are in extra oversold Teritorry, so it will 100% pull back either today or tomorrow.
 
Hope this helps.
 
as FYI I do teach technical analysis where I cover all this in detail, but I publish my views for free.

Regards,
Sneha.
 
----- Original Message -----
Sent: Monday, February 01, 2010 11:56 AM
Subject: Re: [Technical-Investor] Nify is recovering, you might like to buy it

 

Reasons / Charts please.


Cheers

Prashanth

On Mon, Feb 1, 2010 at 10:24 AM, Sneha <snehatilwani@yahoo.com> wrote:
 

Dear friends,

Nifty is looking good at 4860, you may like to buy it for target of 4965/5030/5094 Stop loss, 4789.

if it closes above 4900 then you might not see these level this week again.

Disclaimer : This is just  a personal view and recomendation

Regards,

Sneha.



--  Plan Your Work and Work Your Plan to Get Ahead in 2009-2012.....  KKP Investor ------------ ------------ Bull Markets are Born on Pessimism,  Bull Markets Grow on Skepticism,  They Mature on Optimism, and  Die on Euphoria - Sir John Templeton ------------------------------------ Bear Markets are Born on Recessionism,  Snowball on Momentum & Technical-Breakdowns,  Mature on Eco-Political-Nightmare Talks, and  Die on World-Is-Coming-To-An-End Euphoria - KKP  -----------------------------------------------  >BUFFET: My rule is to be fearful when others are greedy,and be greedy when  others are fearful. All day you wait for the pitch you like, then when  the fielders are asleep, you step up and hit it. Stay dispassionate and  be patient. First the crowd is boozy on optimism and buying every new  issue in sight. The next moment it is boozy on pessimism, buying gold  bars and predicting another Great Depression. Most people get interested  in stocks when everyone else is jumping in. The time to get interested  is when no one else is interested. You can't buy what is popular and  expect to do well.   ABOVE ALL: Whatever God Does, Accept that as Good; Leave Behind ALL Other Judgements/Justifications. ----------------------------------------------------------------------------------------------------     Disclaimer> Do you homework for your ownself and then invest.  My ideas are not advice.


__._,_.___
For Forum Rules of Conduct & Disclaimer, please go through

http://finance.groups.yahoo.com/group/Technical-Investor/files/!Forum Rules of Conduct.txt
.

__,_._,___
Posted by nsivaa at 11:17 PM 0 comments

RE: [Technical-Investor] Nify is recovering, you might like to buy it

 

sneha sent a mail from another group 
stockeditor@yahoogroups.co.in on behalf of Sneha (snehatilwani@yahoo.com)
 
 
as, ..............................
 
Dear Friends,
I am sorry I was not in town yesterday so was unable to reply to few of our friends.
Now nifty is trading above .....
 
 
/...............................................
 
 
Today I am online so you can expect quick reply and again its FREE so do not hesitate.
Note: This is just personal view if you are trading on this, please trade use your experiance, expertise and trade on your own risk.

Regards,
Sneha

 
i dont know if it is right to cut paste the whole mssage here from another blog!!!!

 

To: Technical-Investor@yahoogroups.com
From: kkpatel1924@gmail.com
Date: Wed, 3 Feb 2010 00:20:39 -0600
Subject: Re: [Technical-Investor] Nify is recovering, you might like to buy it

 
Sneha, please publish your views on this forum or give us a link and we will get to it.....Thanks.

KKP


On 2/1/2010 1:15 AM, Sneha R wrote:
 


Hi Prashant,
 
Check nifty now, it is in +ve teritorry 4895, This was a live call when nifty was in -ve.
 
Reason is always technical, it will be bit difficult to explain in detail, because there not one method I use to confirm a buy, even I use multiple software becasue they have differnet studies with them.
 
I have attached one basic trendline study with this email, this might give you some insite, there was a major support on this trendline, same time RMO has given a buy signal, the blue arrow (do not follow it blindly this need to be smoothened from wispaw, othewise RMO will kill you :) )
 
Also I do Wave analysis and on wave analysis I can see a new fresh wave 1 formation is under way.
 
Momentum Oscillators are in extra oversold Teritorry, so it will 100% pull back either today or tomorrow.
 
Hope this helps.
 
as FYI I do teach technical analysis where I cover all this in detail, but I publish my views for free.

Regards,
Sneha.
 
----- Original Message -----
Sent: Monday, February 01, 2010 11:56 AM
Subject: Re: [Technical-Investor] Nify is recovering, you might like to buy it

 
Reasons / Charts please.

Cheers

Prashanth

On Mon, Feb 1, 2010 at 10:24 AM, Sneha <snehatilwani@yahoo.com> wrote:
 
Dear friends,
Nifty is looking good at 4860, you may like to buy it for target of 4965/5030/5094 Stop loss, 4789.
if it closes above 4900 then you might not see these level this week again.
Disclaimer : This is just  a personal view and recomendation
Regards,
Sneha.


--  Plan Your Work and Work Your Plan to Get Ahead in 2009-2012.....  KKP Investor ------------ ------------ Bull Markets are Born on Pessimism,  Bull Markets Grow on Skepticism,  They Mature on Optimism, and  Die on Euphoria - Sir John Templeton ------------------------------------ Bear Markets are Born on Recessionism,  Snowball on Momentum & Technical-Breakdowns,  Mature on Eco-Political-Nightmare Talks, and  Die on World-Is-Coming-To-An-End Euphoria - KKP  -----------------------------------------------  >BUFFET: My rule is to be fearful when others are greedy,and be greedy when  others are fearful. All day you wait for the pitch you like, then when  the fielders are asleep, you step up and hit it. Stay dispassionate and  be patient. First the crowd is boozy on optimism and buying every new  issue in sight. The next moment it is boozy on pessimism, buying gold  bars and predicting another Great Depression. Most people get interested  in stocks when everyone else is jumping in. The time to get interested  is when no one else is interested. You can't buy what is popular and  expect to do well.   ABOVE ALL: Whatever God Does, Accept that as Good; Leave Behind ALL Other Judgements/Justifications. ----------------------------------------------------------------------------------------------------     Disclaimer> Do you homework for your ownself and then invest.  My ideas are not advice.


Sell your old one fast! Time for a new car?

__._,_.___
For Forum Rules of Conduct & Disclaimer, please go through

http://finance.groups.yahoo.com/group/Technical-Investor/files/!Forum Rules of Conduct.txt
.

__,_._,___
Posted by nsivaa at 11:04 PM 0 comments

Re: SPAM-LOW: Re: [Technical-Investor] Nify is recovering, you might like to buy it

 



Hi KKP,
 
I had some personal work and was out of market yesterday so was not online, I hase sent my view on nifty few min back to this forum, but same time Lots of people are there who are not liking my view in this Forum.
 
So if the Moderator of this forum is ok with me posting comments I will do it otherwise I do not like to disturb people much.
 
Regards,
Sneha.
 
----- Original Message -----
Sent: Wednesday, February 03, 2010 11:50 AM
Subject: SPAM-LOW: Re: [Technical-Investor] Nify is recovering, you might like to buy it

 

Sneha, please publish your views on this forum or give us a link and we will get to it.....Thanks.

KKP


On 2/1/2010 1:15 AM, Sneha R wrote:

 

Hi Prashant,
 
Check nifty now, it is in +ve teritorry 4895, This was a live call when nifty was in -ve.
 
Reason is always technical, it will be bit difficult to explain in detail, because there not one method I use to confirm a buy, even I use multiple software becasue they have differnet studies with them.
 
I have attached one basic trendline study with this email, this might give you some insite, there was a major support on this trendline, same time RMO has given a buy signal, the blue arrow (do not follow it blindly this need to be smoothened from wispaw, othewise RMO will kill you :) )
 
Also I do Wave analysis and on wave analysis I can see a new fresh wave 1 formation is under way.
 
Momentum Oscillators are in extra oversold Teritorry, so it will 100% pull back either today or tomorrow.
 
Hope this helps.
 
as FYI I do teach technical analysis where I cover all this in detail, but I publish my views for free.

Regards,
Sneha.
 
----- Original Message -----
Sent: Monday, February 01, 2010 11:56 AM
Subject: Re: [Technical-Investor] Nify is recovering, you might like to buy it

 

Reasons / Charts please.


Cheers

Prashanth

On Mon, Feb 1, 2010 at 10:24 AM, Sneha <snehatilwani@yahoo.com> wrote:
 

Dear friends,

Nifty is looking good at 4860, you may like to buy it for target of 4965/5030/5094 Stop loss, 4789.

if it closes above 4900 then you might not see these level this week again.

Disclaimer : This is just  a personal view and recomendation

Regards,

Sneha.



--  Plan Your Work and Work Your Plan to Get Ahead in 2009-2012.....  KKP Investor ------------ ------------ Bull Markets are Born on Pessimism,  Bull Markets Grow on Skepticism,  They Mature on Optimism, and  Die on Euphoria - Sir John Templeton ------------------------------------ Bear Markets are Born on Recessionism,  Snowball on Momentum & Technical-Breakdowns,  Mature on Eco-Political-Nightmare Talks, and  Die on World-Is-Coming-To-An-End Euphoria - KKP  -----------------------------------------------  >BUFFET: My rule is to be fearful when others are greedy,and be greedy when  others are fearful. All day you wait for the pitch you like, then when  the fielders are asleep, you step up and hit it. Stay dispassionate and  be patient. First the crowd is boozy on optimism and buying every new  issue in sight. The next moment it is boozy on pessimism, buying gold  bars and predicting another Great Depression. Most people get interested  in stocks when everyone else is jumping in. The time to get interested  is when no one else is interested. You can't buy what is popular and  expect to do well.   ABOVE ALL: Whatever God Does, Accept that as Good; Leave Behind ALL Other Judgements/Justifications. ----------------------------------------------------------------------------------------------------     Disclaimer> Do you homework for your ownself and then invest.  My ideas are not advice.

__._,_.___
For Forum Rules of Conduct & Disclaimer, please go through

http://finance.groups.yahoo.com/group/Technical-Investor/files/!Forum Rules of Conduct.txt
.

__,_._,___
Posted by nsivaa at 10:46 PM 0 comments

[Technical-Investor] Be causious on Nifty : But good sign of further upmove

 

Dear Friends,

I am sorry I was not in town yesterday so was unable to reply to few of our friends.

Now nifty is trading above its 50% Retracement of 4917 (which is taken from low of 4531 and high of 5303).

This is critical resistance for Nifty , the next target for nifty will be 5008 and 5110.

Support side nifty has support at 4826. (this is major one, nifty has aredy tested this level 4 times, so if it closes below that then there may be short term worry and market can head towards 4600 (but again this is short term, long term market is bullish)

Use of stoploss : As per my experiance and suggestion, whenever you put a stoploss put it few points away from its actual stoploss, otherwise you might see that it hits the stoploss and again goes back to its level.

Recomendation: Today's market is very volatile, if it sustains then its really good for market and might be a new rally upwards, but same time if it falls then 4600 is not rulled out, so i will suggest to stay out for today as it has already 90+ point high.

If anyone is needs techincal view support and resistance then please mail me, i will try to provide it as soon as possible.

Today I am online so you can expect quick reply and again its FREE so do not hesitate.

Note: This is just personal view if you are trading on this, please trade use your experiance, expertise and trade on your own risk.


Regards,
Sneha

 

__._,_.___
For Forum Rules of Conduct & Disclaimer, please go through

http://finance.groups.yahoo.com/group/Technical-Investor/files/!Forum Rules of Conduct.txt
.

__,_._,___
Posted by nsivaa at 9:59 PM 0 comments
Subscribe to: Posts (Atom)