Genius, it should be Nifty Techicals for 25th November....

For Wednesday 25th November only: Our markets do not follow technicals during expiry week. ystday too the BB played out only partly. So its a big risk to base traded based on BB... but for whatever its worth the cues from Sensex and Nifty are mixed but the BB says we wont be volatile. In fact the BB says we will not be volatile, we will be resilient to a fall and we might close higher from 2:30 pm levels. So if it does not play out it means TA is doomed to fail during expiry so dont base trades on TA which i write here. I have already stated plain and clear that TA DOES NOT PLAY OUT SATISFACTORILY DURING EXPIRY. Leaving aside the BB, the other technical indications show that there is distribution in the Nifty and Sensex, and its Elder Ray favors the bears, the ADX as well as Stoch are bearish for the Nifty and Sensex. The TRIN for Sensex is a healthy bullish 0.6. The EMV and MACD histo of Sensex and Nifty are bullish. Inspite of such mixed cues the BB points to minimal volatility?? So which wins?, the BB or other indicators? Mixed cues normally mean volatility but BB says a vehment NO! I would go long in Realty, DLF only coz Unitech has some problems with its liquidity. IT especially TCS is bearish. So i would short TCS next month`s contract and go long in DLF next month`s contract. Dont want to waste premiums of this month as there is only 1 day left for expiry and indications take time to play out. Dow, NASDAQ are status quo to bearish, Crude also status quo. Gold continues to show distribution which is bearish. The dollar shows mixed cues so should be volatile. For some strange reason the US S&P shows a very bullish Elder Ray for the past so many days, everytime it falls the Elder Ray turns out to be bullish. I understand the S&P and dollar move in the same direction?? Does the S&P reflect the dollar`s bullishness? Only time will tell!! Disclaimer: Views are debatable. You are not to play by these views, lose your shirt and fret. Many newbies have lost their all trading by views on this board including mine and most of all mine. Dont take me seriously. This is just a view and MMB is a blog. You will have to apply your logic and do your homework, read books on TA if you want to be a trader. The market may behave contrary to whatever i might state here. Prolific boarder and popular boarder mean NOTHING. Dont take us seriously. I wont handhold newbies for mistakes they make following our views here. My disclaimer should make you hesitant about my views!!...

One thing I want to correct Dear geniusjaggu, that RSI (14) has already made peak on 23.11.2009 now has started declining, investment always remains better when RSI after making bottom just starts rising. eg on 03.11.2009 RSI had made bottom. Similarly though Expo MACD is rising but EXPO divergence has started declining. Can you tell me from where you are getting data of Nifty trin daily. ...

Yes imossible to predict our markets newbies who register here and rich with cash will lose all if they trade by views on this board No one can predict market with any degree of certainity Newbies should not get carried away by our spam and the popular boarder list or prolific boarder list.. All bunkum....

Impossible to predict our markets for today. May be we close lower or we close higher? LOL... Status quo as far as cues go. Markets are pretending to look at inflation and IIP data. LOL...

Thanks Genius Per my excel... CRUDE IS A HUGE SELL..i track the USO of american markets to judge oil and crude is a huge sell. buying puts in Cairn and going long in BPCL may help?...

genius, arrey yaar kabhi kissii aurr ko bhi maukaa doa tumhein genius bolney ka :) yahaan itni bheed kyon hai bhai look at the smattering of names koi AAM AADMI koi RICHEST USER toa koi BAZZEGAR ..... lahaul bilaa kuwoot :( kambakhat YE KAHAAN AA GAYE HUM YOON HI SAATH SAATH CHALTE :(...

Nifty trin(Daily):. 1.6(bearish)
Trend Indicators:.MACD:.Bullish RSI:.Bullish ADX:.Bearish
Overall JEF (Jaggu Emotional Factor):.tgt for nifty today is 5150...

Nifty trin(Daily):. 0.15(bullish)
Trend Indicators:.MACD:.Bullish RSI:.Bullish ADX:.Bearish
Overall JEF (Jaggu Emotional Factor):.Its fridaaaay,tomorrow holiday!! :)...

Nifty trin(Daily):. 0.35(bearish)
Trend Indicators:.MACD:.Bullish RSI:.Bullish ADX:.Bearish
Overall JEF (Jaggu Emotional Factor):.looks like its a good day to short the mkt....

Nifty trin(Daily):. 3.38 (bearish)
Trend Indicators:.MACD:.Bullish RSI:.Bullish ADX:.Bearish...

Nifty trin(Daily):. 1 (bearish)
Trend Indicators:.MACD:.Bullish RSI:.Bullish ADX:.Bearish
Overall JEF (Jaggu Emotional Factor):.thank god its friday today,...there will be status quo between bulls and bears....

yes,its impossible to predict our mkts till mkt close...LOL......

yes,crude is sell only below 75 else its out of my radar..

but i m very bullish on dollar.....

yes,its impossible to predict our mkts till mkt close...LOL......

Nifty trin(Daily):. 0.92 (bearish)
Trend Indicators:.MACD:.Bearish RSI:.Bearish ADX:.Bearish
Overall JEF (Jaggu Emotional Factor):.Warning,Nifty is going to make a Double top sooner than later.Longs for intraday only....

Nifty trin(Daily):. 0.44(bullish)
Trend Indicators:.MACD:.Bearish RSI:.Bearish ADX:.Bearish
Overall JEF (Jaggu Emotional Factor):.
If it wasnt the F&O expiry,then it was best day to Short the mkt,but bcoz of expiry shorts will cover their positions at all dips supporting the mkt from deep losses....

pls chk my short call of Nifty futures 4920 for a tgt of 4800 in this thread...

hi nikz and mfwhosane mian,
jaggu is very much alive kicking and rocking,well he may be absent from posting on MMB,but he is OMNIpresent...LOL...

mian,jaggu aur shaadi...kabhi nahi...when u r getting variety in life,y does one wanna stick up with single menu...

u know where to contact me. :)
your bearishly bull
jaggu mian...