HELP NEEDED OFF THE MARKETS

A BIG SORRY ,,FOR THE READER WHO FEEL,THAT I AM WRONG
BUT ,A LITTLE SUPERSTAR ,A LITTLE GEM OF A SINGER OF MY VILLAGE(A SMALL ONE IN SOUTH GUJARAT, NEAR SURAT) WHOS NAME IS SOHAM NAIK,A KID OF 13 YRS ,HAS REACHED THE FINALES OF ''STAR VOICE OF INDIA ,AMUL MUMMY KE SUPER STAR",,ON HIS OWN UNTILL NOW,,,,,HE BECAME CHAMPION OF THE WEEK FOR 4 TIMES,,HES THE ONLY SINGER IN THIS COMPETITION, WHO HAS GOT 30/30 MARKS TWICE,IN EARLIER EPISODES..........BUT BEING IN A SMALL VILLAGE..HES LACKING PUBLIC VOTES...(WHICH ACCOUNTS FOR 50% WEIGHTAGE).....READERS CAN HEAR HIM SINGING BY CLICKING THE VIDEO LINK,IN THE SECOND LAST POST....

I REQUEST ALL MY READERS TO VOTE VIA 20 SMS....THIS IS AN APPEAL TO UPLIFT AND MOTIVATE A BUDDING SINGING STAR OF OUR COUNTRY...PLEASE ,PLEASE VOTE FOR OUR KID,,VOTE BEFORE MONDAY 12 PM.
TYPE VOI O4 ( VOI SPACE 04) AND SEND IT TO 57827
THNX...ADD ME ON YM AS BHOOM2TIKA

zSHARE video - suparstar3-20th june 09.wmv.flv

zSHARE video - suparstar3-20th june 09.wmv.flv

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SBI -THE BANKING MAJOR--TREND DECIDER THIS TIME ?

Nifty made its recent high on 12th june, but our major nifty player the sbi,made its high on 2nd june,,and has been correcting rather sharply,,on the otherside nifty corrected heavily in the last week,but sbi have made its low on 16th june and infact has ended the week on a positive note.

But ,has the last few days rise in sbi ,got enough strenth ??..well looking at daily charts, i have a

feeling that it need to close above 1775 and 1810,tobe able to not only regain its own strenth,but also to support the indices in gaining lost grounds.on the other side a move and especially

a close below 1660 around,(with a failure to go above 1775-1810),will certainly put a lot of pressure on indices and will compell them to drag back ,below last weeks lows.

The sensex chart with downside tgt was presented last week, and 1st tgt was duly reached.

use of fibonacci ratios

USE OF FIBONACCI NOS. MY WAY !!!

Lately there has been quite a few questions abt my way of using fibonacci ratios ,i am today posting a few charts of intraday nifty for last few days..want some feedback on what readers understand just from the charts...than i will describe my way...

MY TRADING SYSTEM,,CAN IT MISS SUCH BIG MOVE ??

My trading system generated a lot of sell calls ,today..above are the charts of some of them.

DEEP CORRECTION AWAITS

A reader of my blog asked me on my ym bhoom2tika@yahoo.co.in..a few days back.that why a bull now turning in to a bear?
It was a nice question..i answered her in just a few words..CHART SPEAKS..
Readers are adviced to please ,take some imp points of last few articles..and have them noted down..i am suggesting this because ,the process of market analysis is a complex one..we get signals of a probable turing point one by one..we face lots of twist and turns mean while.
this time around ..first i put a sensex chart with a big red arrow suggesting a strong resistance zone...now its very important for us to study how markets behave at those areas.
than i came out with one particular level 15600..and i wrote a strong pull back is expected there,,
than i got first hint of a reversal pattern in the form of EXPANDING TRIANGLE in intraday charts..a few days later..i posted 2 charts of indice,, one was of 2008 weekly chart with a rising wedge formed and the other was a daily chart ,where the rising wedge was forming..there i pointed a big red arrow on the down side.
finally i gave levels of 14500 and 4360..as a major trend decider levels,in the mean time yesterday my indicator r-cap, provided me with a big help in deciding on intraday basis that
all supports levels are in danger.
FOR nifty...if 4450-4480 levels are not regained and the weakness started continues till the weekend..than the most important support zone and so target zone lies somewhere in between
3714 and 3900.
all readers are hereby adviced to book profits in all longs,,weather bought for short/med/long term.as in my view there are all chances that they will be able to buy stocks much cheaper.
one must keep 4450-4470 and 4540 nifty levels in mind. for short to med term,any corrective rise ,if at all comes must not go beyond these levels for my expected tgts to come.

system SELL CALLS in sensex

i have been putting so many charts ,in which my trading system generates buy-sell calls,but ,its so wonderfull and good to notice ,how my system generated sell calls in hourly chars of sensex.

its important also to note how these signals match themselves with my market analysis.,as i have been putting resistance zones and two reversal patterns ,namely rising wedge and expanding triangle, since last few days here.