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Concentrate all your thoughts upon the work at hand. The sun`s rays do not burn until brought to a focus.
- Alexander Graham Bell
Thursday, June 10, 2010
NIFTY INTRADAY 10.6.10 update
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Concentrate all your thoughts upon the work at hand. The sun`s rays do not burn until brought to a focus.
- Alexander Graham Bell
Wednesday, June 9, 2010
NIFTY FUTURE CHART FROM BLOG OF ILANGOJI
THIS LINK IS FOR NIFTY FUTURE CHART FROM ILANGOJI'S BLOG.
INTRADAY OPTIONS AS ON 9.6.10
LOOK AT CHART ATTACHED
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update as on 9.6.10 3.18 pm
we have broken green trend line giving support.
long positions not advisable.
Tuesday, June 8, 2010
Monday, June 7, 2010
BUY EXCEL INFO AT 41 FOR LONG TERM
EXCEL INFO IS SHOWING +VE DIVERGENCE IN WEEKLY CHARTS.
BUY IT AT CMP 41. FOR LONG TERM INVESTMENT.
Saturday, June 5, 2010
TRENDLINES AS ON 5.6.10
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update as on 7.6.10 at 4.30 pm
inverse H n S pattern invalid due to break of neck line today.
due to weak global markets we have corrected and broken rising wedge. we have gone below green trend line that was giving support. now green T line will be giving resistance and lower dark T line will be our support. for tomorrow 5050-5100 will be resistance zone and 4961 is a stop loss for long positions as per 1-2-3 pattern which was last higher low.
Thursday, June 3, 2010
MARKET AT A CRITICAL STAGE
OBSRVATIONS;
2 CHARTS ARE ATTACHED.
POSITIVE:
HIGHER LOW HIGHER HIGH SEEN FIRST TIME AFTER CORRECTING FROM TOP IN DAILY CHARTS.
INVERSE HEAD N SHOULDER PATTERN WITH NECK LINE AROUND 16971/17000 ZONE
NEGATIVE:
STRONG RESISTANCE IN MONTHLY CHART
100 EMA TESTED TODAY . INABILITY TO CROSS SAME WILL START DOWN WARD MOVES AGAIN.
50% RETRACEMENT OF FALL FROM TOP OF 18048 TO 15960 CLEARED AT 17004 ,61.8% AT 17250.
TREND LINE IN DAILY CHARTS GIVE STRONG RESISTANCE AT 17400/5200 ZONE.
STRETEGY:
KEEP STRICT STOP LOSS OF 16544/4961 FOR ALL LONG POSITIONS.
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