iCharts Discussions

SwingTrader · Posted: Mon Mar 05, 2012 9:18 am Post subject:

Here it is....sorry for the delay.

We are in neutral territory at the moment. Watching the pullback keenly...hopefully sentiment will not dip much further. Rally out of this pullback will have to take sentiment back above 0. Let us see...

vinay28 · Black Belt Joined: 24 Dec 2010 Posts: 11748

Thanks ST. Looks like "ab delhi dur nahi"

SwingTrader · Posted: Wed Mar 07, 2012 7:18 pm Post subject:

Short/Intermediate term sentiment (red line on the chart) is declining fast whereas long-term sentiment (blue line) is stable and neutral at the moment. Thankfully long-term sentiment is not declining fast. If this continues we could see a turnaround in short-term sentiment below 0 while long-term sentiment continues to remain neutral. That will signal continuation of the uptrend.

Watching this pullback eagerly....

SwingTrader

Longterm sentiment has continued to be in the neutral zone (+/- 20%) through the market pullback. I have bought my initial positions in the stock market. I would still like to see intermediate term sentiment drop to 0 or a bit below for better entry, will accumulate more if I see that. Will do this only if long term sentiment remains in the neutral zone. Any drop in long term sentiment below -20% can take us down significantly. In that case I will seriously consider liquidating the positions or hedging significantly.

Sanchit · White Belt Joined: 03 Jul 2010 Posts: 46

ST sir... Good Afternoon
Could you possibly throw some light on the other technical parameters to be considered while shortlisting the stocks to be accumulated Rolling Eyes

Regards
Sanchit

manass · White Belt Joined: 21 Sep 2009 Posts: 172

Hi PT,
I do not know the trend, TA, but looking at the current Political Situation, EURO uncertainty, Oil, Nuclear sensation etc here it will be a little bounce, then a sharp fall me be there soon, may be worst than the past Two. May be illogical, this is my personal View.
Regards

SwingTrader · Posted: Sun Mar 11, 2012 4:58 pm Post subject:

SwingTrader · Posted: Sun Mar 11, 2012 5:06 pm Post subject:

nsinojia · Yellow Belt Joined: 21 Dec 2009 Posts: 624

i fully agree with you st sir, a perfect statement you have posted. when you are related with market be with market whatever the scenario. Very Happy

vtnarendra · White Belt Joined: 05 Oct 2009 Posts: 57

has this article been posted on icharts before, if not follow the link

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SwingTrader · Posted: Sun Mar 11, 2012 8:55 pm Post subject: Re: india's kondratieff cycle

[quote="vtnarendra"]has this article been posted on icharts before, if not follow the link

[REMOVED BY ADMIN][/quote

I have seen this chart before and have also seen many different variations/interpretation of such charts. The issue with this is that different analysts have different opinions about the duration of waves so whom should we believe?

This is exactly why I trade what I see on the daily/weekly charts (for position trading / investing) instead of doing too much analysis. It is far more easier this way. If we really do go into a longer down wave/trend then fine, I am as happy to trade downtrends too. Investments will automatically get liquidated according to trading methods and I would be doing position trading using futures (on the short side).