Comments on: Technicals 5th December 2011 https://www.cashthechaos.com/technicals-5th-december-2011/ Mon, 04 May 2026 19:29:08 +0000 hourly 1 https://wordpress.org/?v=7.0 By: prateeksinha https://www.cashthechaos.com/technicals-5th-december-2011/#comment-2154 Wed, 07 Dec 2011 19:20:30 +0000 http://www.cashthechaos.com/blog/?p=1299#comment-2154 In reply to Jai.

Sir

We have seen some correction in dollar and a upward move today… with European situation at hand can we expect the second leg of the rally to take place…..or should we wait

]]> By: Jai https://www.cashthechaos.com/technicals-5th-december-2011/#comment-2152 Wed, 07 Dec 2011 02:11:02 +0000 http://www.cashthechaos.com/blog/?p=1299#comment-2152 In reply to mukta.

Hi,

I explained this to some1 else. Here it is again, I was expecting a HIGH or a Low. Since December has been traditionally bullish for India, I was expecting a new low and a rally, which would still make it a +ve December. Now it looks it might be a high, since EU is having another crisis meeting on 9th. Remember, price is the boss, it must confirm our analysis. We are being prepared, nothing else.

Best regards,
Jai

]]> By: mukta https://www.cashthechaos.com/technicals-5th-december-2011/#comment-2150 Mon, 05 Dec 2011 13:06:42 +0000 http://www.cashthechaos.com/blog/?p=1299#comment-2150 Jai, just wanted to check, whether the view of market making a meaningful High/Low on 9th December, still holds true. You were expecting a low on that day and then a rally. Are we still staring at that set-up? Thx

]]> By: Jai https://www.cashthechaos.com/technicals-5th-december-2011/#comment-2148 Mon, 05 Dec 2011 10:20:06 +0000 http://www.cashthechaos.com/blog/?p=1299#comment-2148 In reply to jayaramg.

Hi,

Yes those are part of the tool box. You need to have other signals working with them.

best regards,
Jai

]]> By: jayaramg https://www.cashthechaos.com/technicals-5th-december-2011/#comment-2146 Mon, 05 Dec 2011 10:02:38 +0000 http://www.cashthechaos.com/blog/?p=1299#comment-2146 In reply to Jai.

Thanks Jai. Also Nifty has completed 13months and 55 weeks of time-wise correction. Any weightage that can be given to this Fibonacci numbers. Pls let me know your views

Regards

]]> By: Jai https://www.cashthechaos.com/technicals-5th-december-2011/#comment-2144 Mon, 05 Dec 2011 09:43:25 +0000 http://www.cashthechaos.com/blog/?p=1299#comment-2144 In reply to jayaramg.

I think this has to test 200 atleast once.

]]> By: jayaramg https://www.cashthechaos.com/technicals-5th-december-2011/#comment-2142 Mon, 05 Dec 2011 07:50:56 +0000 http://www.cashthechaos.com/blog/?p=1299#comment-2142 Hi Jai,
Please let me know your thoughts on Indusind bank.
Thanks in advance

Regards

]]> By: paragj https://www.cashthechaos.com/technicals-5th-december-2011/#comment-2140 Mon, 05 Dec 2011 07:38:00 +0000 http://www.cashthechaos.com/blog/?p=1299#comment-2140 Hi Jai,

Once again your view on Crude? It has broken the immediate previous support & now threatening the mid-term support of around $103.

The charts tell me its on the higher side of its usual range & could see a sharp downside. Wanted to get your expert view if possible?

]]> By: Jai https://www.cashthechaos.com/technicals-5th-december-2011/#comment-2138 Mon, 05 Dec 2011 07:07:52 +0000 http://www.cashthechaos.com/blog/?p=1299#comment-2138 In reply to prateeksinha.

Stop abv 1774 is best. Not a clean chart but if u happen to be right, you are looking at 1390-1200

]]> By: shailendrasr https://www.cashthechaos.com/technicals-5th-december-2011/#comment-2136 Mon, 05 Dec 2011 07:03:34 +0000 http://www.cashthechaos.com/blog/?p=1299#comment-2136 In reply to Jai.

one more doubt if i pyramid then pyramid will start from lower which is largest side to smaller or its opposite

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