tag:blogger.com,1999:blog-7148222695370746347.post5608504996521386988..comments2023-10-15T17:16:24.091+05:30Comments on Stock Market Charts | India Mutual Funds Investment: BSE Sensex Index Chart Pattern - Jul 17, '09Subhankarhttp://www.blogger.com/profile/13248068905130821262noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7148222695370746347.post-11037332665568478402009-07-23T09:16:42.730+05:302009-07-23T09:16:42.730+05:30Thanks for the clarification.
Confirmation bias a...Thanks for the clarification.<br /><br />Confirmation bias always seems to be a bad thing - soothing for the ego and sour for the returns :-)Anonymoushttps://www.blogger.com/profile/14686273117038425857noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-47216893632425848592009-07-22T23:59:06.781+05:302009-07-22T23:59:06.781+05:30@Sujatha: Please read my post of May 8, '09 fo...@Sujatha: Please read my post of May 8, '09 for an explanation of the stochastic oscillator. Any time it emerges from the oversold zone (below 20% level) it is a bullish sign.<br /><br />As a long term investor, I will advise you not to get swayed by the short-term market movements. (If you are really keen, use a 10 day or 13 day EMA to compare with the Sensex movements.)<br /><br />@Sujoy: You are generous with your comments, as usual. Thanks.<br /><br />@Eswar: Doubts are never silly! They need clarifying.<br /><br />1. I look at 3m, 6m, 1 yr, 2 yrs, 5 yrs daily/weekly/monthly charts<br /><br />2. I also look at 20 day (short), 50 day (medium) and 200 day (long term) EMAs. One can be going up while the other is flat while the third is moving down. That may mean short-term bullish, medium term neutral and long-term bearish.<br /><br />3. See answer to 1 above. The idea is to look for identifiable patterns dispassionately. It may occur in a short-term daily chart, or a medium term weekly chart or a long term monthly chart.<br /><br />If you try to find a pattern to fit your bullish hunch or bearish gut feel, you will be courting trouble.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-89569575488236223712009-07-22T22:45:49.927+05:302009-07-22T22:45:49.927+05:30Silly doubts follow...
For Daily Charts,
1) If o...<i>Silly doubts follow...</i><br /><br />For <b>Daily Charts</b>,<br /><br />1) If one is interested only in the long term, what should be the suggested time frame for the charts? 2-year chart? 1-year chart? Longer, the better?<br /><br />2) Can some indicators give a different picture in say, 1 month, 3 month charts when compared to a longer term chart?<br /><br />3) If yes to [2], as a long term investor, should one be concerned only with long term charts (or) also need to take stock of the short term charts?Anonymoushttps://www.blogger.com/profile/14686273117038425857noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-29150612051733718672009-07-20T07:37:06.382+05:302009-07-20T07:37:06.382+05:30Thank you subhankarji for a well researched and ti...Thank you subhankarji for a well researched and timely article.<br />With regards,<br />ssharmaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-54415694215365599242009-07-19T21:38:46.365+05:302009-07-19T21:38:46.365+05:30In 6 months chart, slow stoch has not yet given br...In 6 months chart, slow stoch has not yet given breakout am i right? It's n 50 levels only, and RSI showing touched 50 and moving down... <br /><br />So bears may attack any time? but still expecting your Island reversal... apart from bullish views <br /><br />Please post your views on short term also which will be enable us to learn something better novice like me...<br /><br />Thanks in advance...Sujathahttps://www.blogger.com/profile/07286715529853970881noreply@blogger.com