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Market Analysis - Technical View
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Technical Analyst Ashwani Gujral feels the market is in a drift mode between 4300-4500 unless the parameters change and crude falls below USD 110 per barrel. He expects the bearish sentiment to continue and said that if the Nifty stays above the 3800 levels a little longer he sees an upside in the market. ...
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Market seems to be in oversold Position due to concern about inflation figure, Nuclear deal clereance from NSG and important U.S data which will come tonight. I think all this things will be in favour of markets, one can buy nifty futures at 4330 for a target of 4600 in one week....
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Thnx Sambhai!
U see, now the Moderator keeps me more updated, than anyone else.
For details do chk my Replies Board. :)
Cheers!!...
In reply to:
WatSay Folks, UC today?-Pranky!! :)
Posted by :
sam_pd
Pranky da, cheers for becoming MMB Boarder of the day ( & night too lol)
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GHCL has hit the buying zone
- call advised by s and m...
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Buy Hind Org. CMP 45 TGT ……. SL 40.75
Enjoy the calls given to you just now and remember its a day of midcaps, try to avoid volatile sensex and nifty.
-courtesy s and m
...
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Buy Chambal Fert CMP 82 TGT ….. SL …
Enjoy the calls given to you just now and remember its a day of midcaps, try to avoid volatile sensex and nifty.
-courtesy s and m
...
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Buy Sail CMP ….. TGT 153
Enjoy the calls given to you just now and remember its a day of midcaps, try to avoid volatile sensex and nifty.
-courtesy s and m
...
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Enjoy the calls given to you just now and remember its a day of midcaps, try to avoid volatile sensex and nifty.
-courtesy s and m
BUY GHCL CMP 86
...
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Enjoy the calls given to you now and remember its a day of midcaps, try to avoid volatile sensex and nifty.
BUY Unichem CMP 206
- courtesy s and m
...
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Yes at least thats what my excel shows..what does the chart say? ADX too is ticking down fast and furious indicating we cannot use the trend following indicators so should we read much into the MACD SELL DIVERGENCE since MACD is trend following indicator? No clue.. i have a bag full of PUTS though....
In reply to:
20th August
Posted by :
BearCartel
so after today close data nifty is showing sell diver ? what about adx ?
hope you feeling better now...
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NIFTY: TRIN is oversold inspite of the rally which is bearish. ADX and MACD totally bearish on the NIFTY. In fact MACD shows sell divergence. However, the Elder Ray Bull power and bear power favor the bulls. All traders dont use the same indicators or the same time frame so who knows what markets will do. This is just a view.
DOW: TRIN is neutral in keeping with the small gains. Elder Ray bear power has declined favoring the bulls. The MACD and ADX are bearish.
CRUDE: Bullish. The MACD fast line just crossed above the slow line. Caution....
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so after today close data nifty is showing sell diver ? what about adx ?
hope you feeling better now......
In reply to:
20th August
Posted by :
radhika_nandlal
MALAYALI,
So what did i tell you guys about DOW and crude.. both bearish!! MALAYLAI now u know why i have PUTS? Okay dow is no leader these days but our NIFTY is showing sell divergence.. lets see... it may just close at 4400.. but if not TA on what can one base his/her trades.. u give me explanation for your logic first..
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Bombay SENSEX Index ST: as long as 13813 is support look for 16519
Our pivot point is at 13813.
Our preference: as long as 13813 is support look for 16519.
Alternative scenario: below 13813, expect 12831 and 12246.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line
and positive. The index could retrace in the short term. The index is below its 20 day
MA (14736.65) but above its 50 day MA (14310.65).
Supports and resistances:
17110 *
16519 **
15929
14678.23 last
14198
13813 **
12831 *
for more free tips track my messages in this section under the name of 'sunnyprofits' or visit my website
Regards,
Sunny Shah
sunnyprofits dot com...
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So what Fannie Mae & Freddie Mac singing now days
Chalo ek baar phir se, ajnabi ban jaye ham dono
Fannie Mae & Freddie Mac 's Investors _ As they say, its all gone and treat Fannie and
freddie as poison.
Na main tumse koi ummeed rakhoon dilnavaazi ki
Na tum meri taraf dekho galat andaaz nazaron se
government bailout plan
Tumhen bhi koi uljhan rokti hai peshkadmi se
Mujhe bhi log kehte hain, ki yeh jalve paraaye hain
Chalo ek baar phir se, ajnabi ban jaye ham dono...
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Pranky da, cheers for becoming MMB Boarder of the day ( & night too lol)...
In reply to:
WatSay Folks, UC today?-Pranky!! :)
Posted by :
pranky
So atlast U did glance at this msg, which I didnt[your msgs]....LOL
Cheers Again!!
Keep those messages coming....
MMB Boarder of the day ...!!LOL
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