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Sensex projections on Daily and higher timeframes |
vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #16 Posted: Thu May 10, 2012 8:13 pm Post subject: |
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vinst wrote: | Projections have turned down at the end of friday but could not post.
downward projections are as given in an ealier post
dated 29 Mar 2012 09:40 .
regards, |
Downside projection showing exhaustion of time boundaries with relatively smaller price damage. |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #17 Posted: Sun May 27, 2012 11:56 pm Post subject: |
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vinst wrote: | vinst wrote: | Projections have turned down at the end of friday but could not post.
downward projections are as given in an ealier post
dated 29 Mar 2012 09:40 .
regards, |
Downside projection showing exhaustion of time boundaries with relatively smaller price damage. |
both projections have turned up. will post picture later. |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #18 Posted: Mon May 28, 2012 11:47 pm Post subject: |
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vinst wrote: | vinst wrote: | vinst wrote: | Projections have turned down at the end of friday but could not post.
downward projections are as given in an ealier post
dated 29 Mar 2012 09:40 .
regards, |
Downside projection showing exhaustion of time boundaries with relatively smaller price damage. |
both projections have turned up. will post picture later. |
today's open or high of 25-May (~ 16300) could be taken as buy price in case we want to track usefulness of these projections. Please note that current upward projections are of weakish nature. |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #19 Posted: Thu May 31, 2012 10:25 pm Post subject: |
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In keeping with the spirit of 'weakish' upward patterns, the short term projection (blue) has turned down. The longer term projection remains up (Brown) on sensex.
Better close the long tommorrow. |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #20 Posted: Wed Jun 20, 2012 9:17 am Post subject: |
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as it was indicated that sensex had made weakish upward patter, then sensex has risen but not much. posting a picture as an update. |
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #21 Posted: Wed Jun 20, 2012 9:30 am Post subject: |
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vinst wrote: | as it was indicated that sensex had made weakish upward patter, then sensex has risen but not much. posting a picture as an update. |
Hi,
Wats ur overall view as per trend posted in the chart. Can we see a new high this month in sensex?
Chetan. |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #22 Posted: Wed Jun 20, 2012 9:37 am Post subject: |
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chetan83 wrote: | vinst wrote: | as it was indicated that sensex had made weakish upward patter, then sensex has risen but not much. posting a picture as an update. |
Hi,
Wats ur overall view as per trend posted in the chart. Can we see a new high this month in sensex?
Chetan. |
hi Chetan,
unable to make such predictions |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #23 Posted: Wed Jun 20, 2012 9:22 pm Post subject: |
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short term pattern has turned downwards (strong).
longer term pattern remains up (weak).
can go short on -ve close tomorrow. |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #24 Posted: Tue Jun 26, 2012 9:05 pm Post subject: |
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sensex EOD:
both patterns (short term and longer term) have turned down.
favour shorting . |
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