I am a learner of the greatest subject on earth, TECHNICAL ANALYSIS.
I am neither , arrogant, (would never ever be), nor am critics of anyone.,, why am i clarifying ???
Because i just came across an e-mail from mr. deepak singh, who himself is a technical analyst and frequently gets invited on NDTV PROFIT....................................................................................................................
A PORTION IS BEING COPY-PASTED.
State of the Market
June 03 2010 |
|
Dear bhoom2tika,
Subject: Noise without Trend |
|
Apka sur lag raha hai....market ka sur naheen lag raha hai....That's why one day it falls as if everything is going to end...and the very next day...it does a turnaround. Stocks are moving all over the place. Analysts are making noise...with all sorts of absurd theories at work. The result is Cacophony....too much noise but no clear trend. Probably this song best reflects mindset of short term traders
AS its clear that , as per him, 1)there is no CLEAR TREND 2)ANALYSTS are making noice.,,with all sorts of absurd theories at work respected deepak singh, used the word anlysts, and so , i have used a portion of his e-mail. JUST, to confirm that , while most of the analyst, a clear trend must be visible on DAILY charts, tobe able to PREDICT market and more importantly TO TRADE markets. but ,for me, and my readers / clients this is not true. for readers because, i predicted such 3 wave upmove on 27th may, here itself. and for my clients, because, they got PLENTY of intraday successful SELL CALLS on 1st june AND PLENTY OF SUCCESSFUL BUY CALLS FROM 2ND JUNE--AFTERNOON AND ON 3RD JUNE FROM MORNING. SIMPLY, because, for me there were clear UP AND DOWN trends were visible on intraday charts, they were predicted and traded succesfully. tonight, i will be posting..all 3 days calls to my clients, with some charts. THIS CAME TRUE, I HAVE LEARNED, TO USE MULTI TIME FRAME CHARTS, with my innovative trading techniques. here is, 27th may NIFTY CHART...AND THE UPDATED CHART.
|
|
1 comment:
Dear Friend,
On May 25th you wrote :-
"fall in nifty from 5399 to 4795..looks to be a CORRECTION,AS PER ANORMAL TECHNICAL ANALYSYS RULES.
but, it looks different this time.
THIS FALL can well be just the first leg of a larger bear market, which can last for a little longer"
So how do you justify this.
You always put words like:-
Can, Maybe , Is this the ? Are we ?
Could be, If...
So how do you give credit to yourself and your system.
Post a Comment