Wednesday, August 4, 2010
Interesting Chart ( Just Imagination)
Desi T.A.
Date :- 6-Aug-2010
SHORT POSITIONAL NIFTY @ 5475-5525 UR SL TARGET 4900 IN 6 WEEKS Date :- 13-Aug-2010 ( TIME :- 11.50 AM)
SECOND HALF OF AUGUST MAY BE BEARISH KEEP PATIENCE , WILL UPDATE IF I SEE ANY THING SIGNIFICANT.
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Amol,
600 points if its just a correction. What if its a trend reversal? We may go down much below 4800 then. But last bottom 4786 if violated means we are going down further.
600 points if its just a correction. What if its a trend reversal? We may go down much below 4800 then. But last bottom 4786 if violated means we are going down further.
well i dont understand why everybody is bearish ONLY. when technicals and may be astro might suggest bearish view and fall of 600 points but guys if this 5550 level is taken out decisively we will see 600 points rally upwards ( bullish breakout from rising channel ) so hold your breath. interesting times ahead
No Sandesha don't buy for few points at this 5500 level , Nifty P/E is above 23 which is profit booking level , risk reward is in favor of Shorts , take ur own decision , regards .
amol i am holding NF short @ 5410 BNF short @ 10275 and 5400 august PE @ 89. what you think? will i get good exit in all this month or will be a big time loss? what astro suggests? and madness like dec 2007 and jan 2008 can show that NF P/E can stretch to 27++ in euphoria. i just hope its not one of those month
amolji,
PE is not the lone criteria to come to conclusion..sometimes it goes upto 27 also...asfuture outlook is not discounted..we must consider growth with projected earnings to arrive at correct PE.
If u can get some data..will be better.
PE is not the lone criteria to come to conclusion..sometimes it goes upto 27 also...asfuture outlook is not discounted..we must consider growth with projected earnings to arrive at correct PE.
If u can get some data..will be better.
amolji,
Aug. 7th is gann impt. date and new moon day is coming. 2morrow is impt. peak may be 2morow? and fall? or monday/tuesday it may move up and fall here and there difference. 5480 and previous 5477 is not holding is an added advantage for bears as of now
Your points noted..waiting for little points is not worth..if euphoria comes?? then it will pierce 5500 and move up??
Aug. 7th is gann impt. date and new moon day is coming. 2morrow is impt. peak may be 2morow? and fall? or monday/tuesday it may move up and fall here and there difference. 5480 and previous 5477 is not holding is an added advantage for bears as of now
Your points noted..waiting for little points is not worth..if euphoria comes?? then it will pierce 5500 and move up??
Friends i am not online always as i am not full-timer . That's why i trade in Nifty positional. sriganeshh Market goes upto 28 P/E only in Bubble stages i.e. in 2000 a nd 2008 normally 23 P/E is top and back to back Bubbles never form any where .
Sujatha i am sensing reversal near-by I may short near/above 5500 in last euphoria rally for 600 point downside upto October
Sujatha i am sensing reversal near-by I may short near/above 5500 in last euphoria rally for 600 point downside upto October
sir,
you mean short at 5475 with sl 5525 or short between 5475---5525 with sl above 5525. if you get time, pls clarify
you mean short at 5475 with sl 5525 or short between 5475---5525 with sl above 5525. if you get time, pls clarify
i think it means short between 5475-5525 and stop loss is our own. btw i am holding shorts at 5424 and will short some more at 5500 if at all...and then pray pray pray.....btw friends since this is a 6 week tgt, then fresh shorts can be initiated at september series ( adequate volume already being generated )
HI ALL, PLZ VISIT PRASHANTH'S SAR TRADING + NIFTY, BANK NIFTY TRADING SOFTWARE WEBSITE AT:
www.systrading.co.nr
www.systrading.co.nr
hello friends
I have taken a decision to updat my blog STOCK2GAINS.blogspot.com, twice a week, every thursday & sunday.
& fresh/new recommendations/interactions, i have decided to carry on , through comment section of the latest/current post.
so, please follow my comment section for fresh trade recommendations/interactions.
thanks
regards
I have taken a decision to updat my blog STOCK2GAINS.blogspot.com, twice a week, every thursday & sunday.
& fresh/new recommendations/interactions, i have decided to carry on , through comment section of the latest/current post.
so, please follow my comment section for fresh trade recommendations/interactions.
thanks
regards
amol ji, finaly some 'red' on the screen. mazaa agaya. but pls advise what to do with shorts. book part profits to re'enter at higher levels? or let them ride?
tx
tx
Kris bhai, I think I spoke to soon. mkts were all hari-bhari today. all major world indices are down. 4-8 %. but look at us, can't even break 5400 (-:
Amol Ji,
Thanks for updating in the blog.
But i have one request and also many will be looking for this, i.e if your weekly analysis is there in the blog - this will help many intraday traders for their stragies for each day.
Thanks for updating in the blog.
But i have one request and also many will be looking for this, i.e if your weekly analysis is there in the blog - this will help many intraday traders for their stragies for each day.
Mahesh , krish ,ketan ,hari ok I will update this sunday , there r few interesting changes in planetary positions next week , I AM HOLDING SHORTS UPTO EXPIRY TSL 5490 NOW Enjoyyyyyy
Amolji,
Thanks for updation. In your sunday update pls mention, can we expect atleast 5250 in august itself.
Thanks for updation. In your sunday update pls mention, can we expect atleast 5250 in august itself.
Amol happy Independence Day in advance & also to the readers of this blog. Please update your daily view
as before I find it very useful even if it works differently sometimes.
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as before I find it very useful even if it works differently sometimes.
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