|
|
| Discuss Don't do trading inbetween 1st Oct 2006 to 30 Oct 2006. at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; IMHO,its a self feeding mechanism,remember last time retail was stuck buying at high,this time the ... |
|
|||||||
| Notices |
| Technical Analysis Discussion of all the principles involved in technical analysis. |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#21
30th September 2006, 12:24 AM
|
|||
|
|||
Re: Don't do trading inbetween 1st Oct 2006 to 30 Oct 2006.
IMHO,its a self feeding mechanism,remember last time retail was stuck buying at high,this time the retail will get a sucker punch of buying on dips.
Technicals Apart,its no rocket science that what happens near highs,theres always a fall,only the psychology is different. Also short sellers shud be wary,ive seen frequent bear traps during intraday,not the declines lasting 2-3 days but intraday decline.So dont get fooled. And one of these days it may well backfire. Also ive found that near psychological barriers and resistances,the market closes high and then tries to takeout the resistance in a gapup.It happens vice versa too. 
|
|
#22
30th September 2006, 09:53 AM
|
|||
|
|||
|
Re: Don't do trading inbetween 1st Oct 2006 to 30 Oct 2006.
personally i think market will go up at 1.5% per week till the time it crosses 3750 nifty but could fall from above that level as per tech indicators.one needs to be careful at 3750 nifty level.of course the coming results is a factor which can trigger the market one way or the other
|
|
#23
30th September 2006, 12:03 PM
|
|||
|
|||
|
Re: Don't do trading inbetween 1st Oct 2006 to 30 Oct 2006.
Bopannavijay u r forgetting classical rule of market,buy the rumour sell the news.Everybody knows India Inc.results will be decent,and then the topi will be on retails head.Because Anybody who bought Satyam,Maruti,ITC etc during June wud have made a killing,especially f2's,mfs.
It wudnt surprise me if it recieves a jolt after results. And personally speakin I think market has topped out at 3490.See in last 10 days it twice returned to those levels.
|
|
#24
30th September 2006, 07:34 PM
|
|||
|
|||
|
Re: Don't do trading inbetween 1st Oct 2006 to 30 Oct 2006.
the rumours are rising, funny incident occurred on friday...i was long in tisco futures since 509 & sold off at 537 (closing moments) after which a broker & a stock enthusiast called me that there is a strong tip to buy tisco (though they know i never buy on tips) advising me to hold... infact i shorted sbi in the last minute...lets see... point is i feel still we can go long on dips & sell on rumours & news like how tisco was shutted along with other metals since a few weeks & now the ops want you to buy after a 8 % rise by media help stating indian steel prices wont be affected blah blah... see how technicals tell you news is coming before hand, lol
still corrections are around the corners but we are not ready for a fall... the mob is still edgy & ready to sell & short on any fall... only a new top can cure them... so we enjoy when they are scared & get scared when they start enjoying, no ????
|
| Sponsored Links |
|
|
|
| Bookmarks |
| Thread Tools | |
|
|
Similar Threads for: Don't do trading inbetween 1st Oct 2006 to 30 Oct 2006.
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| intraday trading(31/01/2006) | trade4win | Day Trading Stocks | 21 | 26th April 2007 06:26 PM |
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
