Comments on: Technicals for Jan 16th 2012 https://www.cashthechaos.com/technicals-for-jan-16th-2012/ Mon, 04 May 2026 19:28:48 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Jai https://www.cashthechaos.com/technicals-for-jan-16th-2012/#comment-35 Mon, 16 Jan 2012 13:29:53 +0000 http://www.cashthechaos.com/blog/?p=1359#comment-35 In reply to sri.

Hi Sri,

I do not know – time is a very difficult component to analyse

]]> By: Jai https://www.cashthechaos.com/technicals-for-jan-16th-2012/#comment-34 Mon, 16 Jan 2012 13:28:20 +0000 http://www.cashthechaos.com/blog/?p=1359#comment-34 In reply to Rut.

Gold no. ICICI is on ideal level, awaiting a reversal. Yes CNX IT has rolled over.

]]> By: jayaramg https://www.cashthechaos.com/technicals-for-jan-16th-2012/#comment-33 Mon, 16 Jan 2012 13:19:41 +0000 http://www.cashthechaos.com/blog/?p=1359#comment-33 Hi Jai,
Welcome back and wishing you a wonderful year ahead. Silver sl has been hit. Any views on how to play this going forward

Regards

]]> By: sri https://www.cashthechaos.com/technicals-for-jan-16th-2012/#comment-32 Mon, 16 Jan 2012 12:08:48 +0000 http://www.cashthechaos.com/blog/?p=1359#comment-32 In reply to Jai.

How many more sessions do you think before it breaches 4775-4800?

]]> By: Rut https://www.cashthechaos.com/technicals-for-jan-16th-2012/#comment-31 Mon, 16 Jan 2012 11:32:43 +0000 http://www.cashthechaos.com/blog/?p=1359#comment-31 Jai,

Now that you are well and truely on….Some more that I had been wanting to ask :

1. Do you think Gold did a double bottom at $ 1525 ?
2. I remember you had said that IT is in te last up wave. Have the down sides been opened up yet ?
3. A bit more colour on the banking sector please. Does SBI / ICICI Bank seem like a short ?

Regards

]]> By: Jai https://www.cashthechaos.com/technicals-for-jan-16th-2012/#comment-30 Mon, 16 Jan 2012 11:12:25 +0000 http://www.cashthechaos.com/blog/?p=1359#comment-30 In reply to shabbirsp.

Hi Shabbir,

LT shud top this week, looking at 1225 ball park. I think 830 is still on cards if not more. Hero take some part profits, may do 1850 and then go to sub 1600.

]]> By: Jai https://www.cashthechaos.com/technicals-for-jan-16th-2012/#comment-29 Mon, 16 Jan 2012 11:03:47 +0000 http://www.cashthechaos.com/blog/?p=1359#comment-29 In reply to prateeksinha.

Dear Prateek,

Yes 51.5 is an important support. Can bounce from here, watching today’s close on INR cross rates.

]]> By: Jai https://www.cashthechaos.com/technicals-for-jan-16th-2012/#comment-28 Mon, 16 Jan 2012 11:02:55 +0000 http://www.cashthechaos.com/blog/?p=1359#comment-28 In reply to agiletrader.

Thanks Agile.

]]> By: Jai https://www.cashthechaos.com/technicals-for-jan-16th-2012/#comment-27 Mon, 16 Jan 2012 11:02:43 +0000 http://www.cashthechaos.com/blog/?p=1359#comment-27 In reply to ajayS.

Ajay,

Not ideal set up anymore. Will see.

]]> By: Jai https://www.cashthechaos.com/technicals-for-jan-16th-2012/#comment-26 Mon, 16 Jan 2012 11:01:50 +0000 http://www.cashthechaos.com/blog/?p=1359#comment-26 In reply to sri.

Regarding Nifty – read today’s note – targets will provide once the breach is confirmed. Euro 1.2588 minor support will stay ranged 1.2588-1.29 for a while before larger trend draws it to 1.18 or lower. Below 1.2588 its a free fall.

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