iCharts Discussions

kmlsoni · Posted: Tue Mar 03, 2009 8:52 pm Post subject:

kmlsoni · Posted: Tue Mar 10, 2009 12:34 pm Post subject:

kmlsoni · Posted: Mon Mar 16, 2009 9:04 pm Post subject:

For tomorrow's trading day:- Fibonacci resistance at 9066 and channel resistance at 9100. Cool

kmlsoni · Posted: Mon Mar 23, 2009 8:54 pm Post subject:

As per 8-year cycle, we saw three bear phases unfolding during the life-time of the Sensex so far. These three phases are as follows :

1. 1992 : Index dropped 57% from 4546 (Apr’92) to 1980 (Mar’93).
2. 2000 : Index dropped 58% from 6150 (Feb’00) to 2595 (Sep’01).
3. 2008 : Index dropped 63% from 21206 (Jan08) to 7697 (Oct08) [so far].

A study of these three bear phases throws up an interesting list of similar parameters :

1. Sensex lost about 60%.
2. It took 13 to 16 months to achieve lowest point of the phase.
3. There were 4 to 5 sell-offs.
4. There was a particular group of stocks that performed at the tops, “Old Economy” during ‘1992, “New Economy” during ‘2000 and “Property” during ‘2008.
5. Cycle heroes faced difficult times for 5-10 years.
6. Stock market Scam.
7. Scam related to cycle performing sector, “old economy” during ‘1992, “new economy” during ‘2000 and “property” during ‘2008.
8. The scam-tainted bull was taken to jail, Harshad, Ketan, Raju.
9. The phase ended with a higher bottom higher top with faster retracement of the last falling segment.
10. The lowest level of the phase was hit after a catastrophic event unfolded, “Bombay Bomb Blast”, “WTC collapse”, ????.

Of this, the last parameter is still awaited to get unfolded. Students of Technical Analysis may note that “history repeats” is one of the three basic pillars of T.A.
Razz

kmlsoni · Posted: Mon Mar 30, 2009 9:14 pm Post subject:

kmlsoni · Posted: Thu Apr 02, 2009 9:01 pm Post subject:

kmlsoni · Posted: Tue Apr 14, 2009 8:25 pm Post subject:

kmlsoni · Posted: Mon Apr 27, 2009 8:10 pm Post subject:

kmlsoni · Posted: Mon May 04, 2009 8:55 pm Post subject:

For bull market confirmation; higher bottom higher top formation still pending.
Cool

kmlsoni · Posted: Tue May 12, 2009 8:36 pm Post subject:

kmlsoni · Posted: Mon May 18, 2009 9:01 pm Post subject:

kmlsoni · Posted: Thu May 28, 2009 10:30 pm Post subject:

Hereunder Sensex weekly chart show how was it correct after make year 2000 high and recover back sharply within 8-9 month, We may be therefore today sitting on similar possibility, But lot of Gap-up on daily chart?????

Cool

kmlsoni · Posted: Mon Jun 01, 2009 9:10 pm Post subject:

kmlsoni · Posted: Mon Jun 08, 2009 9:22 pm Post subject:

kmlsoni · Posted: Wed Jun 10, 2009 10:02 pm Post subject: