| View previous topic :: View next topic |
| Author |
Beginning of New Bull Run... |
katariaz
White Belt
Joined: 23 Mar 2011
Posts: 10
|
Post: #1  Posted: Fri May 27, 2011 5:52 am Post subject: Beginning of New Bull Run... |
 |
|
Nifty has been moving in a channel for last more than a year. It may now move up from current levels for a target of 6000. It seems very good risk reward ratio and right time to enter.
| Description: |
|
| Filesize: |
178.34 KB |
| Viewed: |
456 Time(s) |
|
|
|
| Back to top |
|
 |
|
| |
newinvestor
White Belt
Joined: 16 Feb 2010
Posts: 120
|
| Post: #2 Posted: Fri May 27, 2011 7:37 am Post subject: |
|
|
| Aldo looks like a Head and Shoulders pattern. If slips below the neckline,then the lower targets can be about 1000 pts.
|
|
| Back to top |
|
|
grizzlybull
White Belt
Joined: 26 Sep 2010
Posts: 80
|
| Post: #3 Posted: Sat May 28, 2011 1:40 pm Post subject: |
|
|
| newinvestor wrote: | | Aldo looks like a Head and Shoulders pattern. If slips below the neckline,then the lower targets can be about 1000 pts. |
1000 points?! Why would nifty go back 1000 points?!
anyway, price volume relation is now positive, so hopefully we will see a bull run.
|
|
| Back to top |
|
|
katariaz
White Belt
Joined: 23 Mar 2011
Posts: 10
|
| Post: #4 Posted: Tue May 31, 2011 2:21 pm Post subject: New Bull Run |
|
|
I think I was right. It seems to be fresh bull run for Nifty Target of around 5900-6000. I have bought at 5440 and Still Holding.
|
|
| Back to top |
|
|
grizzlybull
White Belt
Joined: 26 Sep 2010
Posts: 80
|
| Post: #5 Posted: Tue May 31, 2011 3:02 pm Post subject: Re: New Bull Run |
|
|
| katariaz wrote: | I think I was right. It seems to be fresh bull run for Nifty Target of around 5900-6000. I have bought at 5440 and Still Holding.
|
but a medium term bull, right? because the long term still is bearish, although the volumes seem to back the bulls more in the long run.
|
|
| Back to top |
|
|
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You can attach files in this forum
You can download files in this forum
|
Powered by phpBB © 2001, 2005 phpBB Group
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
