BULLS CAN YOU HOLD 3325?? LET SEE! VIEWS FOR 29-04-2009

Not bad, not bad! Each level did work quite perfectly, isn't it? It was clearly stated that 3422 will be the most crucial level to watch out for the day and we came below that on the opening bell and gave a bounce up to 3428 (gave a shorting opportunity), then as I told about 3388, it made low of 3386 and guess what , we got a bounce up to 3415 (another shorting opportunity) and guess what went further down and 3342 day low was recorded in line with...

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VIEWS FOR 28-04-2009

3514 has done it again. While expecting 3540 for the day to initiate short, my first given level proved to be a tough task for the bulls and it sold off quite quick. Now for the day 3422 will be crucial and below which it will weak and will come towards 3388 and further 3349-3330 can be probable targets. The trading idea suggested on the 27th view will be intact (to book longs and take some PUTS around 3540-3570-3600). Intraday volatility will be...

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VIEWS FOR 27-04-2009

Hi guys! Welcome back after a hot weekend! And i am back with my same old levels (thank god it doesn't change everyday). The charts I am going to post today is familiar with my first post where i clearly stated 3575 will be a crucial level to watch out for intermediate term. And it seems that we are heading towards the above given level. So, hold Your breath tight bulls, it's a big time for you people to defend your castle. Seriously we are going...

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VIEWS FOR 24-04-2009

This is how amazing technical analysis is and this is how it works perfectly in order to mass psychology of the market. Again I stated that 3306 will be pivotal for the nifty and it reversed from the edge of that after making low 3313, and reversed big. Again i stated that above 3372 there will be more bullishness for 3425 and nifty did exactly that, even broke past 3425 hurdle. Now for the coming sessions bulls are again seem to take the upper hand...

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NIFTY: IF YOU GET THE LEVELS RIGHT (VIEWS FOR 23-04-2009)

After clearly stating about the 3405 level nifty we are still looking for good trades, isn't it? Yes that's the way trading is. Anyway, nifty was unable to cross the 3405 barrier and fell significantly after making high at 3397 up to 3286 (support told at 3291). Now the nifty is poised nicely for the next big move. We are in downtrend from very short term perspective and tested a very crucial medium term support. Though the exact level remains at...

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Views for 22-04-2009

Hi folks! Intra support 3322 worked and we got a decent bounce up to 3424 from the days low 3318 last day. Now today while posting the view for 21st April, not much really have changed as far as the shorter term scenario is concerned. We are still in the corrective phase in the shorter term and still waiting for a good dip towards 3250 odd levels to get into the market with medium term perspective. But the way 3330-3310 support is holding, it can...

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Now Shorter term unfolds!

Nifty could not get past the 3500 barrier convincingly, and made almost same high for 3 days consecutively. But technically that's not weak scenario rather it's symbolizing a state where bulls are getting tired. From the above picture the range 3269-3257 is clearly the biggest support zone for the Nifty in the coming few sessions. That means if the current uptrend needs to be continued 3257 will be the place for the bulls the to defend. So, a combination...

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NIFTY BIG PICTURE: LONG TERM BARRIER 3575-3600

Hi friends, this is the first post I am adding up on my blog. And for some reasons I feel a longer term understanding is much more crucial rather than sticking with the short term views and getting hurt by the distortion of the extreme volatile situation. Once bigger picture gets clear we can take and trade with various short term levels and strategies. In the above picture the weekly EMA beautifully separating the phases of the market as u can see....

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A New Beginning

There comes a time when the meaning of life begins to make sense, At first it may not, The sky at first may look dark, The path one needs to walk down may be hard to see, Never let a disorder control one’s destiny, life created will not move forward, cannot be positive, fulfilling future, If you let it control your mind, body and soul, At this point, one cannot give up, A disorder cannot control, You control your disorder, Accept yourself, Accept your disorder, Love yourself now and forever, You were thrown against a corner when you developed...

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