The Sensex shows a strong bullish divergence on Twiggs Money Flow (13-Week), indicating reversal to an up-trend. Breakout above 10500 would confirm. Respect of resistance, however, would warn of another test of 8000.
The Dow encountered short-term resistance at 8000, but declining volume indicates limited interest from sellers. Twiggs Money Flow (21_day) continues to respect the zero line from below; penetration of the rising trendline would warn of another down-swing, while breakout above zero would signal continuation of the rally. Buyers are driving the market and a test… Read More »
Excellent Triangle Breakout Trade can beInitiated in Cairn India Above 164 we can see 174 and coincidentally it is 61.8% Retracement SL should be 158.
Closing of Nifty near its recent lower level around 2575 has left a hope of a bounce-back . Nature of this bounce can only be decided after viewing the intensity of it .Whenever the formation shown in figure emerges on the charts , it provides a strongchance of a bounce. If nifty would have closed… Read More »
I took some time on Sunday afternoon to read Warren Buffett’s annual letter. I don’t make it an annual practice to read the Berkshire Hathaway (BRK. A) letter as many do (nor have I ever been to the shareholders’ meeting which Buffett calls “Woodstock for Capitalists”). But given that 2008 was a year unlike any… Read More »
Hi all Wish you all a Very Very Happy Holi We had a so-so Week and will look to rock for the week coming forward 2800 CE was a spoil sport in our rocking Options call performance But we tried to cover our loss from ICICI Bank Short Call which gave us rs10 in intra… Read More »
Click on Image to Enlarge Breaking The Flag Pattern 1000 Dollars is a level to be seen
I had been investing for a number of years before I learnt how to deal with risk. By solidly identifying some market opportunities I had achieved good results, but I treated finance as a game of chess, an exact discipline, where I expected to benefit from good decisions and suffer from poor ones. 1. How… Read More »