trading_edge (3/16/2010 2:32:33 PM): now see NiFty only running for our network and Indian poeple
dhanvarshagrp (3/16/2010 2:33:06 PM): NO SP
dhanvarshagrp (3/16/2010 2:33:17 PM): it is operators play
trading_edge (3/16/2010 2:33:23 PM): all idiot analysts take support of such drama to SUPPORT their SHORTS calls
trading_edge (3/16/2010 2:33:43 PM): sir operators cannot take market one side from 2555 to 5300+
trading_edge (3/16/2010 2:33:56 PM): they play for 200-500 points
dhanvarshagrp (3/16/2010 2:33:57 PM): that is correct
dhanvarshagrp (3/16/2010 2:33:59 PM): but
dhanvarshagrp (3/16/2010 2:34:05 PM): big bulls can
trading_edge (3/16/2010 2:34:17 PM): I agree
dhanvarshagrp (3/16/2010 2:34:18 PM): i am updating
trading_edge (3/16/2010 2:34:19 PM): big bulls could
dhanvarshagrp (3/16/2010 2:34:26 PM): tech charts frequently at blog
dhanvarshagrp (3/16/2010 2:34:38 PM): please have a look
trading_edge (3/16/2010 2:34:38 PM): Sterlite Blasted New Days High
dhanvarshagrp (3/16/2010 2:34:46 PM): when u have time
trading_edge (3/16/2010 2:34:48 PM): sure
trading_edge (3/16/2010 2:34:54 PM): but I must say one thing
dhanvarshagrp (3/16/2010 2:34:54 PM): 10 points
trading_edge (3/16/2010 2:35:01 PM): I hardly know to see chart
dhanvarshagrp (3/16/2010 2:35:03 PM): huge gap up opening
dhanvarshagrp (3/16/2010 2:35:14 PM): but i know
trading_edge (3/16/2010 2:35:29 PM): thats why I avoid seeing charts
trading_edge (3/16/2010 2:35:31 PM): no use for me
dhanvarshagrp (3/16/2010 2:35:37 PM): if all techs are indicating
dhanvarshagrp (3/16/2010 2:35:44 PM): for down move
trading_edge (3/16/2010 2:36:02 PM): I just knew one thing
trading_edge (3/16/2010 2:36:06 PM): @ 2900 level
dhanvarshagrp (3/16/2010 2:36:16 PM): why it is moving up by gap up opening ?
trading_edge (3/16/2010 2:36:17 PM): NiFty wont stop till 6000-6300+
trading_edge (3/16/2010 2:36:33 PM): and thats not technical
trading_edge (3/16/2010 2:36:52 PM): shorters getting killed
dhanvarshagrp (3/16/2010 2:36:53 PM): no it was technical move
trading_edge (3/16/2010 2:37:11 PM): technical never speaks for shorterm or longter
trading_edge (3/16/2010 2:37:22 PM): its speaks for positional views
trading_edge (3/16/2010 2:37:44 PM): after market crossed 4200 almsot all said now bull run is active
dhanvarshagrp (3/16/2010 2:37:47 PM): but techs indicate for move whrther up or down
trading_edge (3/16/2010 2:38:01 PM): thats for up down movement
trading_edge (3/16/2010 2:38:24 PM): not for trend
dhanvarshagrp (3/16/2010 3:10:13 PM): finally nifty is going above 5200.00 a heavy buying and short covering is brought the nifty here ...
hitubothra26 (3/16/2010 3:11:29 PM): now what is the idea now
dhanvarshagrp (3/16/2010 3:12:24 PM): in my view
dhanvarshagrp (3/16/2010 3:12:36 PM): mkt is above 5200
hitubothra26 (3/16/2010 3:12:53 PM): yes
dhanvarshagrp (3/16/2010 3:12:54 PM): which is itself a strong level
hitubothra26 (3/16/2010 3:13:14 PM): so is it time to buy
dhanvarshagrp (3/16/2010 3:13:41 PM): but it is in overbougt zone
hitubothra26 (3/16/2010 3:13:51 PM): so should wait
dhanvarshagrp (3/16/2010 3:13:59 PM): so selling will be seen
dhanvarshagrp (3/16/2010 3:14:20 PM): at any level
hitubothra26 (3/16/2010 3:14:25 PM): ok and that selling can bring nifty to which level
dhanvarshagrp (3/16/2010 3:14:45 PM): no one can limit
dhanvarshagrp (3/16/2010 3:14:49 PM): the move
hitubothra26 (3/16/2010 3:14:55 PM): ok
dhanvarshagrp (3/16/2010 3:15:06 PM): either up or down
hitubothra26 (3/16/2010 11:59:41 AM): yes but activities is call writing at the lower level is very little
dhanvarshagrp (3/16/2010 12:01:11 PM): ya
dhanvarshagrp (3/16/2010 12:01:59 PM): but now i am feeling that nifty is making head and shoulder hear
dhanvarshagrp (3/16/2010 12:02:10 PM): here
hitubothra26 (3/16/2010 12:02:22 PM): is it bearish signal or bullish
hitubothra26 (3/16/2010 12:02:37 PM): and what is rsi and macd suggest
dhanvarshagrp (3/16/2010 12:02:50 PM): bearish
hitubothra26 (3/16/2010 12:02:58 PM): ok thanks
dhanvarshagrp (3/16/2010 12:03:48 PM): but if this is not confirmed than can go to 5144 too
dhanvarshagrp (3/16/2010 12:04:02 PM): or 5140 for sure
hitubothra26 (3/16/2010 12:04:11 PM): that is todays is high
hitubothra26 (3/16/2010 12:04:39 PM): but range is very narrow and also volumes are not supporting nifty
dhanvarshagrp (3/16/2010 12:05:00 PM): ya
dhanvarshagrp (3/16/2010 12:05:11 PM): i predicted at morning
hitubothra26 (3/16/2010 12:05:24 PM): yes
dhanvarshagrp (3/16/2010 12:05:32 PM): and it is helpful for operators
dhanvarshagrp (3/16/2010 12:05:59 PM): and 5140 on board
dhanvarshagrp (3/16/2010 12:06:49 PM): 5142.20
dhanvarshagrp (3/16/2010 12:07:00 PM): 5142.50
hitubothra26 (3/16/2010 12:15:21 PM): sorry system shut down it is giving problem have calle the mechanic to fix it
dhanvarshagrp (3/16/2010 12:15:33 PM): k
hitubothra26 (3/16/2010 12:16:21 PM): so according to u what is the reversal point now and what can be lower and higher range of the nifty today
dhanvarshagrp (3/16/2010 12:19:26 PM): as per me these are the higher levels till 1.45
dhanvarshagrp (3/16/2010 12:19:33 PM): and later
dhanvarshagrp (3/16/2010 12:19:40 PM): will see
hitubothra26 (3/16/2010 12:20:01 PM): and what can be lower band
dhanvarshagrp (3/16/2010 12:20:24 PM): and for lower 5130 is a big hurdle
hitubothra26 (3/16/2010 12:20:32 PM): ok
hitubothra26 (3/16/2010 12:20:38 PM): very narrow range
dhanvarshagrp (3/16/2010 12:20:51 PM): if penetrated then 5117
hitubothra26 (3/16/2010 12:21:16 PM): ok it looks like a fat man stuck in a narrow street
dhanvarshagrp (3/16/2010 12:21:27 PM): now three supports are there
dhanvarshagrp (3/16/2010 12:22:01 PM): 5138, 5230 and 5117
hitubothra26 (3/16/2010 12:22:02 PM): and reistences
dhanvarshagrp (3/16/2010 12:22:31 PM): all are updated at blog
hitubothra26 (3/16/2010 12:22:43 PM): ok
dhanvarshagrp (3/16/2010 12:23:24 PM): have u studied my course details and charges ?
hitubothra26 (3/16/2010 12:24:18 PM): no yesterday i could not because just after i had to go to dentist and returned late but today i will sure study it and revert back to u
hitubothra26 (3/16/2010 12:24:49 PM): nifty seems to have crossed resistence of 5138
dhanvarshagrp (3/16/2010 12:25:46 PM): ya now it is above three very prominent supports of today
hitubothra26 (3/16/2010 12:26:14 PM): nex resistnce seems to be 5151
dhanvarshagrp (3/16/2010 12:26:21 PM): 5130 5134 5138 but bulls are tired here
hitubothra26 (3/16/2010 12:26:51 PM): yes it looks like momentum is missing
dhanvarshagrp (3/16/2010 12:27:52 PM): but if started cosolidatin here then ??
hitubothra26 (3/16/2010 12:28:51 PM): then what can happen it can breach 5200 where put writings are going on
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