my views on Sensex

[adultvish]

Welspun Gujrat

Welspun gujrat SR
Yesterday closed at 261.80.
Support levels are at 242 and 200.

 

[SwingKing]

Adultvish,

Good post. Will certainly help a lot of people here.

However, I was tired thanking you on every post. :lol:

Tc and Keep up!

 

[adultvish]

Jindal Saw

Jindal Saw
closed at 175 on yesterday just below its support trend line
next support levels are at 156 and 140

GujNRE Coke
closed at 75.35 on yesterday above its current support.
support levels are 69 and 65
if close above 74.50 on today dt. 29 Jan 2010, it can be entered long with S/L of 71
but the chances are very meek in view of weakness in the whole metal sector

 

[adultvish]

Adultvish,

Good post. Will certainly help a lot of people here.

However, I was tired thanking you on every post. :lol:

Tc and Keep up!

Thanks bhai
After trying a lot of things in tech analysis like MAs, Momentum Oscillators, various kind of indicators etc. etc. I can only conclude that it only the trend and the support and resistance levels which actually can provide some light on the future prospects of stock market. I am posting the individual scripts separately, so that it can be edited and additional information like chart can be included in it.
As regard to helping people, I have started the thread to help myself and if others are benefited too, it will be great.
I dunno whether I can be able to get success in my newly adopted full time trading profession; but I am sure we can be successful if work together.
I am expecting a lot of comments from stalwarts of this forum so as to amend and improve my analytical skills
thanks a ton again for visiting and commenting bhai.

 

[adultvish]

Guys
Hold ur long positions
if Nifty closes above 4730 it has average strength to go up
and if it manages to close above 4740, it will indicate very strong support