tag:blogger.com,1999:blog-7148222695370746347.post5447065849144304497..comments2023-10-15T17:16:24.091+05:30Comments on Stock Market Charts | India Mutual Funds Investment: BSE Sensex and NSE Nifty 50 index chart patterns – Oct 28 ‘11Subhankarhttp://www.blogger.com/profile/13248068905130821262noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7148222695370746347.post-16342736157681501492011-11-09T12:23:22.504+05:302011-11-09T12:23:22.504+05:30'Inside day' and 'long tail' are s...'Inside day' and 'long tail' are secondary to the overall trend - which has been down since Nov '10. <br /><br />Edwards and Magee have explained Dow Theory by comparing major trends to ocean tides - high tide for a bull market and ebb tide for a bear market. Within each tide, are waves which are intermediate trends that can move in the opposite direction to the major trend. Within waves, there are ripples and whirlpools which have only temporary significance.<br /><br />Once an overall trend has been clearly established, it remains in force till it is convincingly reversed. Till then, all counter-trend moves should be treated as short-lived.<br /><br />In our case, the down trend lines connecting the tops in Nov '10, Dec '10, Apr '11 and Jul '11 continue to dominate the Sensex and Nifty charts.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-19261988149939265082011-11-07T15:45:56.625+05:302011-11-07T15:45:56.625+05:30Dear Sir,
Weekly chart has shown inside day forma...Dear Sir,<br /><br />Weekly chart has shown inside day formation with long tail. Is it signalling the upmove is short lived?sreyO...https://www.blogger.com/profile/04295105161747518458noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-19966038301799962882011-10-31T12:23:57.036+05:302011-10-31T12:23:57.036+05:30Thank you Subhankar. I think you have a point here...Thank you Subhankar. I think you have a point here.<br /><br />Thanks<br />SalilSalilhttps://www.blogger.com/profile/16442383397932550560noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-44841681641302487702011-10-31T10:35:00.818+05:302011-10-31T10:35:00.818+05:30The halcyon days of the company are long over. ...The halcyon days of the company are long over. 'Iron ore' has suddenly become a dirty word - thanks to the Reddy brothers.<br /><br />The pendulum has swung from rampant loot of the country's natural resources to a blanket ban on ore exports. The dust may take a while to settle.<br /><br />Fishing in troubled waters can work for a risky short-term gain, but for long-term stability of your portfolio, look at TISCO instead.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-75011209074252220072011-10-31T01:13:32.186+05:302011-10-31T01:13:32.186+05:30Hi Subhankar,
Do you have any views on Sesa Goa. ...Hi Subhankar,<br /><br />Do you have any views on Sesa Goa. It has fallen down a lot. Also company reported a loss after long time, may be one time event but what's your take? Will it good to wait for some time and then accumulate or we can start from this point?<br /><br />Thanks<br />SalilSalilhttps://www.blogger.com/profile/16442383397932550560noreply@blogger.com