iCharts Discussions

[anand1234]

hi.............all

actually crude oil price dwn..................help mkt going up..........but according to me............for time being..............we can c some shortcovering also............lets c how is europe open........atlast we r coming towards 4800...............so take care...............

thanks
anand

[anand1234]

[anand1234]

hi...........all

effect of cac, dax, fits,...............so dwn.................so.........so..............so..........??.........u know

thanks
anand

[anand1234]

[anand1234]

hi...........all

europe r open with green...............can we c sharp rally till 4936??..........is it?? let c

thanks
anand

[rk_a2003]

Today's Market action really unusual All Asian markets + 1.5% to 3%

Europian Markets more than +1% Dow futures in + .Our's is the only Market lingaring in negative . Is anything cooking which we don't know???!!!

[anand1234]

[vinay28]

It's an all out war between bulls and bears for the expiry

[rk_a2003]

As per my observation the forces controlling the market( on short term only they can control and that's enough for them)will not let the nifty to close well above 4900 ,at least for today.

[PrashantSarnaik]

[rk_a2003]

Prashant!

Look at Nifty intraday chart to day. There was no trend ,you only can observe one dominant phenomena that was index trying to go up and at one point a brutal selling in heavy weights knocking it down and the index falling vertically down. what does it indicates?!.

It definetly tells us that institutuions got heavy short positions for this month and they closed it in comfort defying global trend with their money power.

That's all I wanted to say.

I am not arguing only observing.

PS: I made money in intraday by shorting nifty.

[rk_a2003]

Hi All!

I would like to share one real story which I read some where. A group of Financial experts who studied Dow Jones in one particular period published there findings. They proved that Dow is overpriced and its fair value should be 50 % below the current value.

A group of Investors/Traders studied this publication - very much impressed by the way it was substantiated and were completely convinced with the argument of the financial experts.

Therefore, they shorted Dow. After 6 months, to the surprise of the many Dow reached down to 50%, to the same level as theorized by the experts.

But the Irony was all the Investors/Traders who shorted Dow Broke down.

How?!

Before coming down, Dow made an upward journey of another 50 %, due to which the Traders/Investors closed their positions in loss as they were unable to meet MTM money.

I think there is no need to say any concluding words.

Regrds,
RK.

[anand1234]

hi...............all

can we c heavy selling pressure in 2nd half??...............nf will dwn almost 100 pts??.............let c

thanks
anand

[PrashantSarnaik]

[anand1234]