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Caution For 17/11/2006

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  #1  
Old 17th November 2006, 09:20 AM
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Default Caution For 17/11/2006

A doji star(Candlesticks) has occured on Nifty EOD charts.This often signals a reversal with confirmation occurring on the next bar(tommorow). We advice caution for tomorrow.
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Old 17th November 2006, 11:19 PM
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Default Re: Caution For 17/11/2006

new downtrend confirmed
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Old 18th November 2006, 05:37 PM
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Default Re: Caution For 17/11/2006

Quote:
Originally Posted by EquanimoX View Post
A doji star(Candlesticks) has occured on Nifty EOD charts.This often signals a reversal with confirmation occurring on the next bar(tommorow). We advice caution for tomorrow.
Our caution call on Thurday Evening was justified. Markets did weaken on Friday. Updated Nifty Chart (NIFTY WEEK) with our analysis for coming week, can be found on home page @ www.tradersplace.in
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Old 18th November 2006, 06:11 PM
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Default Re: Caution For 17/11/2006

Hai Equanimox,
I Am Not Debating, But A Objective Based Neely Method Suggests,
Markets Will Be Volatile And Sideways And Take Vale Down But A Down Trend Is Not There.

Markets Could Witnessed Sharp Down To Sideways Movement For Very Few Weeks And By Again The Trend Should Resume Taking Sensex At More Than 14,000 Levels By Jan To Feb 2007.

Cheers
Winston
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Old 20th November 2006, 07:52 PM
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Default Two Wheelers

Two Wheelers stocks look good. Bajaj, Hero Honda & TVS seem to bottoming out.
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Old 21st November 2006, 12:25 AM
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Default Re: Caution For 17/11/2006

looks live the market has completed the 4th of the 5th, now 5th of 5th may take markets to 13900-14000, then ... god bless us!
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