Thursday, January 31, 2013

Nifty, overbought with -ve div, breaks below the rising wedge support line.


6 comments:

Sanjay said...

Namaste Ilango Sir & Blogmates,

Bearish to Neutral: Start of the series saw huge addition at most of the strike prices, with initial range developing around 5800-6200 for the time being...: Option Analysis for 31-01-2013

Dedicated Option Open Interest Blog

Duplicated at Wordpress Site

Thanks & Regards,

Sanjay Kr Jaiswal

Dinesh Rishi said...

HNS and trend line

http://www.bankniftytrading.com/2013/01/head-and-shoulder.html

Dinesh Rishi said...

Plz dont tell me this is invalid pattern

I got many valid reasons to support it.



Dinesh Rishi said...

A stock analyst and a Wall Street broker went to the races. The broker suggested to bet $10,000 on a horse. The analyst was sceptical, saying that he wanted first to understand the rules, to look on horses, etc. The broker whispered that he knew a secret algorithm for the success, but he could not convince the analyst.
"You are too theoretical," he said and bet on a horse. Surely, that horse came first bringing him a lot of money. Triumphantly, he exclaimed: "I told you, I knew the secret!"
"What is your secret?" the analyst asked.
"It is rather easy. I have two kids, three and five year old. I sum up their ages and I bet on number nine."
"But, three and five is eight," the analyst protested.
"I told you, you are too theoretical!" the broker replied, "Haven't I just shown experimentally that my calculation is correct?!"

Unknown said...

happy birthday dinesh rishi ji :)
aaj mood mei lag rahe ho to happy birthday bol diya aapko,. enjoy sirji

Dinesh Rishi said...

jitu

I like it :D

Post a Comment

Elliot's Impulse waves.(Part-5)

IMPULSE WAVES :- The Basics Waves that move the market in the direction of its main trend either up or down are called Impulse waves. 1....