A pause in the fall. No bottoming sign anywhere. Range trading may continue on settlement day unless global cues are quite negative. Europe may have done a 5 wave done and due for a bounce soon. As most of the F&O action is done yesterday with high volume, global cues may come into play.
An ideal set up is shown here. Will review it in the morning. Quite a lot of stocks look for a short term "Buy" for cash investments..say for a week.
Look at that 5-week ema(4867) and see today's high.. Will it touch 5-day low ema (4890) tomorrow..?? Last support is @ 50-ema @ 4758.
An ideal set up is shown here. Will review it in the morning. Quite a lot of stocks look for a short term "Buy" for cash investments..say for a week.
Look at that 5-week ema(4867) and see today's high.. Will it touch 5-day low ema (4890) tomorrow..?? Last support is @ 50-ema @ 4758.
3 comments:
Ilango sir,
I feel market seems replaying the events before and after Diwali 2007. Do you feel any other factor stand out specifically triggering fall in nifty...
thanks for all your guidance
sri
Dear Ilango,
I selected the profile as a google acount and all the emails were coming into the google address indianartreview@gmail.com. How do I get it into my blackberry account ? Please guide.
Also, what cash stocks do you think are best to accumulate for a week ?
For Tata Steel do you recommend to buy a put or a put spread?
Thanks for your patience and help like always
Cheers
Kapil
hello ilango sir
congratulations for the accurate levels you are giving.
may godbless you
syamala
Post a Comment