MY SYSTEM ON BANK NIFTY HOURLY CHART IS SHOWN ABOVE.
NOW, THIS IS WHAT I WROTE OVER HERE ON 14TH OCTOBER 2010
2) 200 day ema
As shown in the sensex chart, the sensex has shown tendency to test the all important 200 day ema, TWICE and after taking support for two times in a row (resistance in down trend),it is seen to break the 200 dema.
In our case, sensex recently tasted the 200 dema in early feb-2010 and than in late may-2010,may be the time is due for the history to repeat itself.
TODAY I AM POSTING A SENSEX CHART WITH THE 200 DAY EMA FOR FURTHER CLARIFICATION.
I HAD GIVEN MANY SELL CALLS YESTERDAY ,THERE WERE FEW STOPLOSSES INITIALLY BUT TWO OF THEM WHICH WORKED GREAT WERE LIC H FINANCE AND ICICI BANK...
POSTING INTRADAY CHARTS OF BOTH OF THEM
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2 comments:
Sir Really u are marvelous !!!
Most of time I saw ur calculations are exact at right level .I know many analyst but ur on top of them God bless u
Most of time I saw ur calculations are exact at wrong level .I know many analyst, But U are top of ALL, As you says Big Crash is Coming ????? When......NIFTY is going up an up !!!!! We all know next week market will be down as FI will sell their holding and go for a Long Holiday...... So ur 5525 seems NEXT YEAR 2011!!!!!!!!!!
Thanks for MissGuiding allllllllllll, All are short and NIFTY is new high every day,,,,,,
One things NOV FALL you are saying from August, and actuealy its happen at NOV end, and Did you remember U have missed SEPT up move!!! What do u think of this ????
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