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vinay28
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Post: #4036   PostPosted: Thu Jul 19, 2012 6:08 pm    Post subject: Reply with quote
I forgot to mention that today's candle is a doji star. we now wait to see confirmation by tmrw's candle
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apka
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Post: #4037   PostPosted: Thu Jul 19, 2012 6:34 pm    Post subject: Reply with quote
the strategy of when to enter long and when to enter short and exit, is good discovery. i didnt apply my mind to think of this.

the same can be applied to any set of emas that you watch.

unique are the numbers 34,21,13.. im going to go on a backtrack spree on different set of emas using the strategy and see what are most effective.
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psalm
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Post: #4038   PostPosted: Thu Jul 19, 2012 6:37 pm    Post subject: Reply with quote
apka wrote:
the strategy of when to enter long and when to enter short and exit, is good discovery. i didnt apply my mind to think of this.

the same can be applied to any set of emas that you watch.

unique are the numbers 34,21,13.. im going to go on a backtrack spree on different set of emas using the strategy and see what are most effective.


thumbup ....pls go ahead and do it... Very Happy
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apka
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Post: #4039   PostPosted: Thu Jul 19, 2012 9:41 pm    Post subject: Reply with quote
Tomm these may affect:

RIL Result tomm: RIL Q1 PAT seen down 21-28%

FDI in retail may be a reality by August 15: Govt sources

21% duty slapped on import of power equipment sourced from overseas

Friday Factor
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vinay28
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Post: #4040   PostPosted: Thu Jul 19, 2012 10:08 pm    Post subject: Reply with quote
RIL results normally come after close of market
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vinay28
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Post: #4041   PostPosted: Thu Jul 19, 2012 10:52 pm    Post subject: Reply with quote
there is a rumour that sharad pawar and praful patel have resigned from govt.
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psalm
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Post: #4042   PostPosted: Thu Jul 19, 2012 10:59 pm    Post subject: Reply with quote
vinay28 wrote:
there is a rumour that sharad pawar and praful patel have resigned from govt.


I have read somewhere that he has only offered to quit.....has he already done that???.....anyway, this event looks like another bargaining stunt from another coalition partner.... Laughing
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psalm
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Post: #4043   PostPosted: Fri Jul 20, 2012 9:14 am    Post subject: Reply with quote
psalm wrote:
vinay28 wrote:
there is a rumour that sharad pawar and praful patel have resigned from govt.


I have read somewhere that he has only offered to quit.....has he already done that???.....anyway, this event looks like another bargaining stunt from another coalition partner.... Laughing



have they really did??? some reports suggest that way this morning.....or is this just a political stunt???.... Laughing
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pkholla
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Post: #4044   PostPosted: Fri Jul 20, 2012 9:30 am    Post subject: Reply with quote
vinay28 wrote:
there is a rumour that sharad pawar and praful patel have resigned from govt.

I pray to God to make the rumor true. Hundreds of shetkaris suicide in Mah (due to famine caused by diversion of scarce water to sugar crop) but SP not bothered. Air India in morgue with cause of death gangrene and brain aneurism largely due to PP as aviation minister. I further pray to God that SP and PP DONT take back resignation! Only plus point, they make MMS and SG look good in comparison!!!!! Prakash Holla

edited at 1045

Last edited by pkholla on Fri Jul 20, 2012 10:46 am; edited 1 time in total
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psalm
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Post: #4045   PostPosted: Fri Jul 20, 2012 9:34 am    Post subject: Reply with quote
pkholla wrote:
vinay28 wrote:
there is a rumour that sharad pawar and praful patel have resigned from govt.

I pray to God to make the rumor true. Hundreds of shetkaris suicide in Mah (due to famine caused by diversion of scarce water to sugar crop) but SP not bothered. Air India in morgue with cause of death gangrene and brain aneurism largely due to PP as aviation minister. I further pray to God that SP and PP DONT take back resignation! Only plus point, they make MSS and SG look good in comparison!!!!! Prakash Holla


then let's all pray in that way......Laughing
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Ajay Babu Tummala
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Joined: 21 Aug 2008
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Post: #4046   PostPosted: Fri Jul 20, 2012 9:45 am    Post subject: Reply with quote
psalm wrote:
pkholla wrote:
vinay28 wrote:
there is a rumour that sharad pawar and praful patel have resigned from govt.

I pray to God to make the rumor true. Hundreds of shetkaris suicide in Mah (due to famine caused by diversion of scarce water to sugar crop) but SP not bothered. Air India in morgue with cause of death gangrene and brain aneurism largely due to PP as aviation minister. I further pray to God that SP and PP DONT take back resignation! Only plus point, they make MSS and SG look good in comparison!!!!! Prakash Holla


then let's all pray in that way......Laughing


confirmed news of their resignations.
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rakeshliving
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Joined: 03 Jan 2011
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Post: #4047   PostPosted: Fri Jul 20, 2012 9:46 am    Post subject: Reply with quote
pkholla wrote:
vinay28 wrote:
there is a rumour that sharad pawar and praful patel have resigned from govt.

I pray to God to make the rumor true. Hundreds of shetkaris suicide in Mah (due to famine caused by diversion of scarce water to sugar crop) but SP not bothered. Air India in morgue with cause of death gangrene and brain aneurism largely due to PP as aviation minister. I further pray to God that SP and PP DONT take back resignation! Only plus point, they make MSS and SG look good in comparison!!!!! Prakash Holla



Amen!!!
Smile
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psalm
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Post: #4048   PostPosted: Fri Jul 20, 2012 9:48 am    Post subject: Reply with quote
The market is trading around 5229 currently. The low made as of now is around 5224. Today, I expect the market to find reasonable support in the range 5210-5222. Below this range, we may test 5185 levels again....on the upside, levels around 5260 is the immediate resistance...above that 5285-5290 could be tested. That's what I feel.... Smile
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vinay28
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Post: #4049   PostPosted: Fri Jul 20, 2012 9:58 am    Post subject: Reply with quote
NS should not go below 5216, preferably 5219
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psalm
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Post: #4050   PostPosted: Fri Jul 20, 2012 10:09 am    Post subject: Reply with quote
Nifty is showing weakness. As expected yesterday, Banks are leading the way on the downside....this could just be profit booking...there is no reason to think otherwise at this point of time....only time will tell if this is the beginning of a full-fledged SELL...

NOTE: Some days back, I have mentioned that many of the Banks have unfinished targets....most of them have reached the targets in the last few days...so, one must be a bit cautious from here onwards, I feel...if this is profit booking, then after some blip, the market will recover, else be prepared for some selling pressure. Rolling Eyes
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