Daily Chart
Bulls yet again giving in to the bears.Levels to be watched are 9323 and 9972 .
OR
are the bulls gathering strength to jump over the neckline?
are the bulls gathering strength to jump over the neckline?
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
3 comments:
hi,
could u plz explain the upside ,so sudden that took place on 25 october,specially in mid session,
my point of view for that day was to go downside,and it went,felt great ,,,but after 2 30 or so everything rebounded,
what yr view would have been of the market at 12 pm on 25 october,
i m in big dilemma,
about me ,,more as a speculator,
plz reply,
best regards,
dr ak
dr ak, That is what the stock markets are about.Most of the times it surprises you.In my post for the 25th I had mentionedthat the breakout from the falling wedge (which is a bullish pattern) was maintained .This meant that a bullish undertone did exist.
On the Nifty the candles of the half hours for 12pm,12-30pm and 1-00pm were dojis after a big black candle which gave the indication that the fall may stall.One should have kept a stop at the highs made on those three candles.
hi,
thanks for the well explained technical specification.i do
hope to learn a lot from u wrt technical charts and analysis etc.
thanks you very much for yr kind endeavours.
best regards,
dr ak
Post a Comment