| View previous topic :: View next topic |
| Author |
Nifty View |
saumya12
Brown Belt
Joined: 21 Dec 2011
Posts: 1509
|
Post: #3511  Posted: Wed Jul 04, 2012 10:08 pm Post subject: |
 |
|
| psalm wrote: | | saumya12 wrote: | Today ends with hanging man candlestick and tweezer top pattern.
What does it mean.
And what RSI and slow stochastic indicates.
Will someone explain.
Thanks |
Its not a Tweezer top, Saumya....For Tweezer top, the first one should be a bullish one and the second one should be a bearish one...here its not the case...though 5317 was acted as a resistance in both....
By the way, for the Hanging Man candle, next day's confirmation is required......Though this hanging man is not a perfect one, lets wait for tomorrow's trade to get some idea about the market's intent....I still believe that Market has enough steam for one more move on the UP....  |
Thanks for clarification. |
|
| Back to top |
|
 |
|
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #3512 Posted: Thu Jul 05, 2012 9:14 am Post subject: Market Outlook |
|
|
Hi,
As per the pre-opening rates it is safe to expect a flat the slightly negative opening today. A few numbers I'll be looking during the day are as follows:
5371 / 5355 / 5329 / 5312 / 5298 / 5288 / 5278 / 5253 / 5235 / 5190
Happy Trades!!!
SAM |
|
| Back to top |
|
|
anand1234
Yellow Belt
Joined: 17 Jul 2010
Posts: 830
|
| Post: #3513 Posted: Thu Jul 05, 2012 10:00 am Post subject: |
|
|
hi.............sam
wt will b today??............first up then down??..............means spot.......will go upto 5350 -60.....then down??.............let c
JUST MY OBSERVATION..........
thx
anand |
|
| Back to top |
|
|
satishkadam
Yellow Belt
Joined: 01 Apr 2010
Posts: 805
|
| Post: #3514 Posted: Thu Jul 05, 2012 10:14 am Post subject: |
|
|
| anand1234 wrote: | hi.............sam
wt will b today??............first up then down??..............means spot.......will go upto 5350 -60.....then down??.............let c
JUST MY OBSERVATION..........
thx
anand |
Looks like. its headed toward.. high first...........
Satish  |
|
| Back to top |
|
|
rohit44
White Belt
Joined: 05 Jan 2010
Posts: 279
|
| Post: #3515 Posted: Thu Jul 05, 2012 12:00 pm Post subject: |
|
|
mera number kab aayega?? 5220  |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #3516 Posted: Thu Jul 05, 2012 12:05 pm Post subject: |
|
|
| rohit44 wrote: | | mera number kab aayega?? 5220 |
 |
|
| Back to top |
|
|
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
|
| Post: #3517 Posted: Thu Jul 05, 2012 12:07 pm Post subject: |
|
|
| Samji volume kaisa hai... |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #3518 Posted: Thu Jul 05, 2012 12:16 pm Post subject: |
|
|
| taxmann50 wrote: | | Samji volume kaisa hai... |
Volume seems normal to me....Taxmann....might pick up in the second half of the trade.....I believe.. |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #3519 Posted: Thu Jul 05, 2012 12:30 pm Post subject: |
|
|
| Market has very good support around 5290, I believe....so, for the intraday LONGs, a stoploss below 5290 might be enough......anyway, let's see for how long we're going to be in this range of 5288-5312...... |
|
| Back to top |
|
|
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
|
| Post: #3520 Posted: Thu Jul 05, 2012 1:02 pm Post subject: |
|
|
| ECB rate cut decision is all the market is waiting for. |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #3521 Posted: Thu Jul 05, 2012 1:06 pm Post subject: |
|
|
| taxmann50 wrote: | | ECB rate cut decision is all the market is waiting for. |
Some important Bond Auctions are there in the Europe....other than that there is no significant events scheduled in the Europe during our trading hours.....ECB press conference and all are scheduled after our market hours.... |
|
| Back to top |
|
|
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
|
| Post: #3522 Posted: Thu Jul 05, 2012 1:09 pm Post subject: |
|
|
| psalm wrote: | | taxmann50 wrote: | | ECB rate cut decision is all the market is waiting for. |
Some important Bond Auctions are there in the Europe....other than that there is no significant events scheduled in the Europe during our trading hours.....ECB press conference and all are scheduled after our market hours.... |
Yes sir.. its going to be after our market hours. |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #3523 Posted: Thu Jul 05, 2012 1:14 pm Post subject: |
|
|
| taxmann50 wrote: | | psalm wrote: | | taxmann50 wrote: | | ECB rate cut decision is all the market is waiting for. |
Some important Bond Auctions are there in the Europe....other than that there is no significant events scheduled in the Europe during our trading hours.....ECB press conference and all are scheduled after our market hours.... |
Yes sir.. its going to be after our market hours. |
Taxmann, I write my name after my posts just to avoid this SIR phrase.... ...if you've used it in a lighter way, then its fine....else, please call me by my name....I prefer that...
Thanking You in Advance,
SAM |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #3524 Posted: Thu Jul 05, 2012 1:38 pm Post subject: |
|
|
| Nifty is awake....after a slumber.... |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #3525 Posted: Thu Jul 05, 2012 1:52 pm Post subject: |
|
|
| higher lows squeeze made nifty sprout |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
