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Vivek's Musings with BankNifty, SBI & ICICIBANK |
marne.vivek White Belt
Joined: 11 Apr 2008 Posts: 244 Location: Pune / Mumbai
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Post: #1 Posted: Sun Jan 25, 2009 1:25 am Post subject: Vivek's Musings with BankNifty, SBI & ICICIBANK |
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BANK NIFTY, SBI & ICICIBANK _________________ Vivek |
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marne.vivek White Belt
Joined: 11 Apr 2008 Posts: 244 Location: Pune / Mumbai
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Post: #2 Posted: Sun Jan 25, 2009 1:26 am Post subject: contd charts |
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contd charts _________________ Vivek |
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rameshraja Expert
Joined: 24 Nov 2006 Posts: 1121
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Post: #3 Posted: Sun Jan 25, 2009 11:06 am Post subject: |
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Hello Mr Vivek
Nice presentation of charts and I really appreciate your effort and study.
The Blue eyed boy of our market ( SBI ) is getting bashedout and the stock is vulnerable for a fall to 665 - 550. As rightly marked by you for H & S pattern and if neck is broken decisively and falls below that by 3% to 5% and stay below for a month's time, then the stock will be plundered by Bears.
Infact when our market was in the last leg of bull market in Jan 2008, I was telling in shout box that SBI would crack to 500 odd level and many criticised me for giving this target.
I strongly believe from expirical evidence, that whenever a stock or Index completes its final wave of bull run, it tends to revert to the first leg high of preceding bull market or in a worst scenario to wave 2 low.
In my more than 25 years of experience in stock market trading, I have come across only a few guys, who present a neat chart with perfect readings and you are one among them. Infact, in my next meeting with a few renowed technical analysts, I am planning to refer your name to them, if you don't have any objection. Real talents need to be brought to limelight and if I am of any help to you, I would certainly do for you.
Best Wishes
C T RAMESH RAJA
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marne.vivek White Belt
Joined: 11 Apr 2008 Posts: 244 Location: Pune / Mumbai
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Post: #4 Posted: Sun Jan 25, 2009 12:26 pm Post subject: |
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Hello RR Sir,
Thanks really appreciate every word you have said and encourages me to study and work more. And its very exhilarating for me. I am very happy, do recommend me, that will be a blessing for me sir.
I have your number and on Tuesday will be coming to Chennai, would be alright if i call you.
Thanks thanks sir..
Regards,
Vivek |
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gautammohapatra White Belt
Joined: 04 Mar 2008 Posts: 21
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Post: #5 Posted: Sun Jan 25, 2009 9:16 pm Post subject: |
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Vivek Marne
Excellent work!!! . Would appreciate if you could post a few charts on nifty spot/nifty futures.
Thanks
Gautam |
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mvnm White Belt
Joined: 15 Aug 2008 Posts: 54
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Post: #6 Posted: Mon Jan 26, 2009 6:36 pm Post subject: good work |
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Dear Vivek,
You have done an excellent work keep it up
M.Sri Mahidar |
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tangotaurian White Belt
Joined: 18 Oct 2007 Posts: 30
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Post: #7 Posted: Mon Jan 26, 2009 10:10 pm Post subject: |
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Vivek mitra...
ek number analysis kelays...where r u now a days...long time no see on msgr...neways keep up da work
cheers!!
Tushar |
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marne.vivek White Belt
Joined: 11 Apr 2008 Posts: 244 Location: Pune / Mumbai
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Post: #8 Posted: Wed Jan 28, 2009 9:39 am Post subject: |
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Thanks msrimahidar, gautam and TT (tushar)
Tushar: arrey me chennai la aasto aata, job sathi aani messenger vagaray nahi rey ithe.. Tyamulay kay contact tevta nahi aala.. majha mail id marne.vivek@gmail.com, mail patven.. Tujha hi dey..
Thanks guys for support & appreciation.
Regards,
Vivek |
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