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if and only if ...veeru chennai boy |
veerappan Expert
Joined: 19 Dec 2007 Posts: 3680
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Post: #1 Posted: Tue Nov 16, 2010 4:54 pm Post subject: if and only if ...veeru chennai boy |
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hi,
if and only if NIFTY FUT 6342 taken out on closing basis then only new BULL
RALLY will start...other wise market going to the hands of bears...
we may c 450-800 pts correction in nifty fut... possibilities are more....[ possibilties are more on the basis of probability]......
so take care guys....simple thing...aftek gone up from 9 to 21 and himachal
fut gone up from 9 to 17...junks are moved too much ...so time to be
very cautious....so take care..
for intra players ...game is diff..for 15-40 pts we can play on bothways...
bye and dont buy....
veeru
chennai boy
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rainbow White Belt
Joined: 25 Feb 2010 Posts: 202
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Post: #2 Posted: Wed Nov 17, 2010 8:02 am Post subject: thanks |
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nice and potentially useful post. might be an idea to add a like button like facebook |
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grizzlybull White Belt
Joined: 26 Sep 2010 Posts: 80
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Post: #3 Posted: Wed Nov 17, 2010 11:14 am Post subject: |
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have you noticed volume expanded on many share prices going down? this is a dangerous sign. |
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singh.ravee Yellow Belt
Joined: 12 Aug 2010 Posts: 678
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Post: #4 Posted: Wed Nov 17, 2010 5:40 pm Post subject: is it a double top |
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veerappan ji,
is nifty trying to make a double top reversal pattern seperated by approx 3 yrs. I read in a book and as per definiton, it seems that it may be a double top reversal. Kindly comment.
rgds
ravinder singh. |
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veerappan Expert
Joined: 19 Dec 2007 Posts: 3680
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Post: #5 Posted: Wed Nov 17, 2010 6:15 pm Post subject: |
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ravinder better ask ...casper or chrome...they r expert and they are
exporting this type of methods....
i dont know dear....i knew only numbers ...and important of numbers
that number crosses above buy ...crosses below sell
my part is over .... |
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casper Green Belt
Joined: 02 Oct 2010 Posts: 1315
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Post: #6 Posted: Wed Nov 17, 2010 6:36 pm Post subject: |
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veeru sir.... why pulling our leg??? i am nothing in front of u, u r the real GURUJI
even if i try to put my best efforts still i will be far below than u, plz let us learn from the vast knowledge and experience that u possess,
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veerappan Expert
Joined: 19 Dec 2007 Posts: 3680
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Post: #7 Posted: Wed Nov 17, 2010 8:04 pm Post subject: |
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o god...not like that casper...i saw your postings and chrome...
but really i dont know...that things...and no time to put the lines ..
to find out that things....thats y i said these things...dear...
nothing else....u guys are really doing painting works....
some times on green color [bulls side]
some times on red colour [bear side].....
and so much people r watching and taking that type of calls...with stop loss only... good work...
keep it up...if ravindra asking that question ...if u know just clarify that...
bye
veeru
chennai boy |
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casper Green Belt
Joined: 02 Oct 2010 Posts: 1315
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Post: #8 Posted: Thu Nov 18, 2010 6:57 am Post subject: |
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veeru sir, this is the best compliment i have received so far, thanks for ur kind words!
with ur kind permission, i am replying mr ravinder singh
dear mr singh,
as the highs of 2008 and 2010 is almost same so far, that's why it looks like a double top, but to qualify as a proper double top reversal pattern, it needs to break down from the neck line viz 2500 level,
so its a long time to go and i am sure that market will become a grave yard if it ever happen!!! |
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singh.ravee Yellow Belt
Joined: 12 Aug 2010 Posts: 678
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Post: #9 Posted: Thu Nov 18, 2010 9:11 am Post subject: |
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thank you so much, verappan ji and mr casper. mr casper how can i directly write to u. like i have done for mr verappan.
rgds
ravinder singh. |
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casper Green Belt
Joined: 02 Oct 2010 Posts: 1315
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Post: #10 Posted: Thu Nov 18, 2010 9:22 am Post subject: |
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our thread is "a layman's approach to break out and break down" u can click on the forum and under the head of 'technical analysis" u can find us. or else u may click on this link also http://www.icharts.in/forum/viewtopic.php?t=2878 |
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