15th june > @ 17412 > BULLS ENTER

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sudoku1

Well-Known Member
Re: BULLS...reenter WITH A SENSEX STOP OF 17465.

first of all.....i strongly condemn the recent barbaric bomb blasts that took place ystrday.....
condolence for those innocents who lost their lives ....& lets pray for those who lost their belowed ones & loss of properties................................:eek:
.........................-----------------------------------------------------
Big volume kills moves. Climax blow-offs take both buyers and sellers out of the market and lead to sideways action. ....

bulls....till u protect 17465 on close....v r headed for yet new historic highs on the sensex......no matter the bombings.....
mkts around the world tend to react negatively on a long term basis only if these kinds of events tend to effect the EPS (EARNING PER SHARE) of index companies......else it becomes a temporary blip & business as usual...:D

so no worry for us too till 17465 is protected on close......
the intermediate uptrend whih started from 13989 sensex close on 21 st aug has completed 70 trading sessions....it will end only when 17465 is breached on close.....
no fresh entries r advocated at this juncture......only those bulls who have been sitting on profits may have already REENTERED ystrday .....:)
 
Re: BULLS...reenter WITH A SENSEX STOP OF 17465.

What is your view on Monday and Tuesday? I personally believe that we are going to have a Bullish Monday, but not sure about the fate on Tuesday.
 

sudoku1

Well-Known Member
Re: BULLS...reenter WITH A SENSEX STOP OF 17465.

What is your view on Monday and Tuesday? I personally believe that we are going to have a Bullish Monday, but not sure about the fate on Tuesday.
when u r trading on a med term basis.....dont go in for day to day basis as mkts react frequently on every news & then one is caught on the wrong foot as it is seen since last 3 weeks of roller coaster rides.....just ask any of ur f&o short term trader collegue...it was NIGHTMARE NOVEMBER for him:D

Many short-term players view trading as a form of gambling. Without planning or discipline, they throw money at the market. The occasional big score reinforces this easy money attitude but sets them up for ultimate failure. Without defensive rules, insiders easily feed off these losers and send them off to other hobbies.

Markets echo similar patterns over and over again. The science of trend allows you to build systematic rules to play these repeating formations and avoid the chase....for that purpose v have a stoploss of 17465.....abv this let the world turn upside down.....v stick to it....

instead of predicting......money can b made seamlessly by just sticking to the present trend...which is currently sideways to UP....till 17465 holds..:)
 
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hari09omkar

Guest
Re: BULLS...reenter WITH A SENSEX STOP OF 17465.

just ask any of ur f&o short term trader collegue...it was NIGHTMARE NOVEMBER for him:D....
If u know to trade short term,then
November so far is the dream month for short term trader(efficient traders)....the party started from 17/10/2007.....and going on. No nightmare sudoku.......
 

sudoku1

Well-Known Member
Re: BULLS...reenter WITH A SENSEX STOP OF 17465.

Trends never turn on a dime. Reversals build slowly. The first sharp dip always finds buyers and the first sharp rise always finds sellers. .....:D

bulls....the party is as usual despite the blasts in U P as xpected......no fresh entries advocated at this juncture......REENTERED bulls.....hold on to the longs with a closing stop of 17465 & enjoy the run.......


More gains likely.......................

European markets rallied strongly on Friday, and the US markets followed suit. Asian markets are also rallying this morning, with the Hang Seng up more than 3%. We too can expect a rally today.


The market rallied on Friday, with the sensex up 326.55 points (1.76%) at 18,852.87, the Nifty 89.25 points (1.62%) at 5,608.60, and the CNX Midcap 121.80 points (1.62%) at 7,625.15.
The number of Hotline stocks at 200-day highs went up from zero to four, while the number at 200-day lows dropped from four to one. The number at 5-day highs went up from 3 to 17, while the number of at 5-day lows dropped from 165 to 43. The 240 stocks averaged a gain of 2.10%.

The CNX Midcap index is still in an intermediate uptrend, despite falling heavily in the middle of last week.
The main indices are in sideways to up trends. The sensex has to close below 17465 to start an intermediate downtrend ......
Meanwhile, the major trend of Ansal Infra turned down on Friday.

A strong global rally is now under way, but it is still too early to expect a confirmed intermediate uptrend, as the trigger levels are some distance up.

The Nikkei and Londons FTSE-100 are in major downtrends, while most of the others remain in major uptrends for now. However, quite a few indices (particularly from Europe) have lower intermediate tops now.

The FIIs sold $209.2 million of stocks on Thursday, while the MFs acquired $75.7 million. The FIIs are averaging daily sales of $210.4 million over the last five sessions, while the MFs are buying at a rate of $8.8 million.

European markets rallied strongly on Friday, and the US markets followed suit. Asian markets are also rallying this morning, with the Hang Seng up more than 3%. We too can expect a rally today.

Most global indices are still in intermediate downtrends, and it is too early to know whether the current rally could trigger an uptrend. Most major trends are up, but a few indices have lower intermediate tops now.

The Dow rose 181.84 points (1.42%) to 12,980.88, and the NASDAQ composite went up 34.45 points (1.34%) to 2,596.60. :)
 

sudoku1

Well-Known Member
Re: BULLS...reenter WITH A SENSEX STOP OF 17465.

Bottoms take longer to form than tops. Fear acts more quickly than greed and causes stocks to drop from their own weight. ................:D

bulls....mkts ended strong today as xpcted.....REENTERED BULLS....hold on to the gains with a closing stop of 17465.....:)


Mkt ends with hefty gains: Metal, realty stocks surge....
sensex closes @ 19248.

todays hero was jindal steel............

Markets closed the day with handsome gains on heavy buying seen in scrips across sectors. It was a good of trade for most of the equity markets across globe. Asia had a strong session today, barring Shanghai Comp most of the Asia closed in green. Europe was also trading in positive terrain.

Sensex closes above 19,000 and Nifty was holding 5700 mark. Broader markets were trading strong inline with the frontline indices giving markets an excellent breadth.

Sensex was up 394.67 points or 2.09% at 19247.54, and the Nifty up 123.10 points or 2.19% at 5731.70.

About 1932 shares have advanced, 1073 shares declined, and 72 shares are unchanged.

Metals were shining throughout the day and were the star performers. Host of steel stocks were attracting good buying. Followed by realty, cap goods and power stocks.

HDFC Bank, Tata Steel, SAIL, Bharti Airtel, Unitech, HDFC, TCS, ONGC, Rel Energy are among the top gainers. Deccan Aviation, Voltas IndusInd Bank were among the strong midcap stocks.

Technolgy stocks have bounced back today and were among the top gainers.


The BSE Midcap Index ended at 8,384.25 up 2%.

The BSE Smallcap Index ended at 10,343.25 up 1.7%.

The BSE Bankex was up 1.7%. HDFC Bank, IOB, Union Bank, Canara Bank, PNB moved upwards.

The BSE Capital Goods Index was up 2% at 19,751.65. Kirloskar Bros, Crompton Greave, BEML, Praj Industries, Reliance Infra closed higher.

The BSE Auto Index closed at 5,295.63 up 0.7%. Hind Motors, MICO, TVS Motor, Maruti Suzuki, Cummins closed higher.

The BSE Metal Index closed was up 5.6%. Jindal Steel, NALCO, Jindal Saw, SAIL, JSW Steel, Tata Steel closed higher.

The BSE FMCG Index closed at 2,145.84 up 1.6%.United Spirits, GlaxoSmith Con, HUL, Nestle, Colgate closed higher.

BSE Oil and Gas Index closed up 2%. Petronet LNG, ONGC, HPCL, Reliance, IOC ended higher.

The BSE IT Index was at 4,098.23 up 2%. I-Flex Solutio, Financial Tech, Mphasis, Patni Computer, TCS closed higher.

BSE Realty Index up 3%; Ansal Propertie, Sobha Developer, Unitech, Anant Raj Ind, DLF ended higher.

The NSE cash turnover was at Rs 14521.79 crore and the NSE F&O turnover was at Rs 75903.04 crore. The BSE cash turnover was Rs 6008.12 crore. Total market wide turnover was at Rs 96432.95 crore..........:)
 

sudoku1

Well-Known Member
Re: BULLS...reenter WITH A SENSEX STOP OF 17465.

Beat the crowd in and out the door. You have to take their money before they take yours..................:D

REENTERED BULLS....latch on to ur longs with a closing stop of 17465.....

Two-way moves likely today.............

European markets declined last night, and the US markets came down heavily, with the Dow closing at a 7-month low. However, Asian markets are mixed this morning after a weak start, with the Nikkei up and Hang Seng down. We may be in for two-way moves with no clear global short-term trend.

The market rallied on Monday, with the sensex up 394.67 points (2.09%) at 19,247.54, the Nifty 123.10 points (2.19%) at 5,731.70, and the CNX Midcap 132.10 points (1.73%) at 7,757.25.

The CNX Midcap index remains in an intermediate uptrend, despite having fallen heavily in the middle of last week.

The intermediate uptrend started from the sensex's 21 st aug closing of 13989 & currently is in sideways mode...it will end on a close below 17465.

There was no change in the major trend of any of the Hotline stocks yesterday.

There is no clear global trend, with last weeks strong rally being met by a large fall in Europe and the US last night. At the same time, Asian markets are trying to improve.

The Nikkei and Londons FTSE-100 are in major downtrends, while most of the others remain in major uptrends. However, quite a few indices (particularly from Europe) made lower intermediate tops.

The FIIs sold $43.0 million of stocks on Friday, and are averaging daily sales of $215.1 million over the last five sessions. The MF figure was not released. They were buying at an average rate of $8.8 million till Thursday.

European markets declined last night, and the US markets came down heavily, with the Dow closing at a 7-month low. However, Asian markets are mixed this morning after a weak start, with the Nikkei up and Hang Seng down. We may be in for two-way moves with no clear global short-term trend.

Most global indices are in intermediate downtrends. Most major trends are up, but a few indices have made lower intermediate tops now.

The Dow fell 237.44 points (1.83%) to 12,743.44, and the NASDAQ composite went down 55.61 points (2.14%) to 2,540.99. .....:)
 

sudoku1

Well-Known Member
Re: BULLS...reenter WITH A SENSEX STOP OF 17465.

Execution can be the weakest link in an otherwise great market strategy. After all, it's a lot easier to find good stocks than to trade them for a profit.

REENTERED BULLS.....just a cooling off a bit after 2 days of superb gains....hold on to ur longs with 17465 as the protector.....

The markets are quiet without much momentum with selling seen in realty, power, oil & gas and banking stocks. The cues from global peers were not very encouraging as most of the Asian indices ended in red. All the key BSE indices other than metal and auto are in red and the breadth today has been negative.

sensex closes @ 19128....

todays hero as AIR DECCAN..............:D
 
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