Technicals for 20-April-2009
Dow Technicals
Dow trin(Daily):. 1.2 (bearish)
Trend Indicators:.MACD:.Bullish RSI:.Bearish ADX:.Bullish
Overall:.
Nifty Technicals
Nifty trin(Daily):. 0.48 (bullish)
Trend Indicators:.MACD:.Bullish RSI:.Bullish ADX:.Bullish
Overall:.
Jaggu's Signing Comments:Euphoric optimism in equities,general belief in economic recovery,technically overbought indicators, Mass euphoria on CNBC and other channels,all this points to fact that this is certainly not a good mix of ingredients for stock markets short term perspective.Meanwhile enjoy the Suckers rally.
Dow trin(Daily):. 1.2 (bearish)
Trend Indicators:.MACD:.Bullish RSI:.Bearish ADX:.Bullish
Overall:.
Nifty Technicals
Nifty trin(Daily):. 0.48 (bullish)
Trend Indicators:.MACD:.Bullish RSI:.Bullish ADX:.Bullish
Overall:.
Jaggu's Signing Comments:Euphoric optimism in equities,general belief in economic recovery,technically overbought indicators, Mass euphoria on CNBC and other channels,all this points to fact that this is certainly not a good mix of ingredients for stock markets short term perspective.Meanwhile enjoy the Suckers rally.
26 comments :
Jaggu - second your signing comments. May GOD have mercy on the retail investors.
cheers
paaji good mrng...
mention not.....
haa haa suckers rally yay!
morning cheema, new pic - looking handsome!
morning jaggu, rm!
Good Morning folks!
Jaggubhai: Lagta hai suckers rally ke khatam hone ke din nazdeek aa gaye hain!
Paaji: Tussi chha gaye ho!
Good morning Uma, Jaggu and rm. Thanks Uma for the complement.
rm: people on idiot box are saying that we go down maximum 3200 - that is just not good enough - I want 3000 if I have to recover 10% of the naked puts I bought. I will be online poking all of you till 1130 - then will be off flying.
Long time no scotch...
sob! sob!
lol! I'm also in the bears' boat cheemz
k I'll pop back laterz....
I am boatless.
sob! sob!
I observed so much that I forgot to board any boat. :(
rofl!!
you can be the lighthouse rm
Uma: the fight seems to continue
The fight is for 200 EMA!
We are opportunists!
We shall stand on sidelines and observe this fight and later on join the winner - like a good politician!
p.s. being marooned on the sidelines is the risk in this strategy.
Good morning friends
Good Morning Kshitij!
morning shitijesh -
it will become good on this blog only after we fall 100 points on nifty - cheers
Paaji:
Your wish has almost come true!
oops...its afternoon...errr i mean its evening so soon...
rmbhai,
paaji said abt nifty -100 pts...
i was busy attending function in morning....after having typical mangalorean veg lunch...dropped here now... :)
Jaggubhai:
Looks like you ate heavy lunch and are still sleepy. Come alive men, Nifty has corrected 100 points from its intra-day high.
yes rmbhai,u guessed right...its heavy lunch always...
haa haa..u r right...
chalo then goodbye and goodnite rmbhai,uma,paaji,kshitijesh...
Good Night Jaggubhai! Have sweet dreams of Nifty falling to 1800. :)
rmbhai,
me dreaming of 1800,???haaa haa..i m least worried abt tat...
i m worried more abt buying at the top...than in the rally..goodnite and sweet dreaming then...
nite folks!
Good Night Uma & Paaji!
good night everyone - the markets deceived us yet again...
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