Atmevaha

Date 09/27/07 time 6.11 pm

I was just going through the hourly charts and i have this to say " tomorrow at 11.00 if it (nifty cash) were to close above 5014 then i will renter on the long side. On monthly, Weekly Daily charts the nifty is cosily placed. On hourly charts though the first signs of taking a breather are evident. Today a signal at 11.00 on nifty cash has not fructified its target. This is the first sign of weakness. Tomorrow i think if it does close above 5014 at 11.00 ...

Date 09/27/07 time 1.16 pm

I am sorry because in my earlier post i had written that the hourly closing for "2" instead of 1.00 pm was at 4995.. The pattern that is being formed in hourly charts is one of "basing bottom". The break out has happeneed at 12.57 at 4988. As i am wacthing the tick by tick chart there has been a very nice pull back from the levels of 4995 to 4988 and this is extremely good for the stock what needs to be remembered from the long side is that it should not ...

Date 09/27/07 time 1.01 pm

The market has managed tosurive the first two hours. The signals whenever they come about fructify with great ease. It is not the case here Today the market has given a buy at 11.00 am at 4976.25 and has meandered at that level this means that there is great indecision in the markets. The level for 2.00 pm is worth watching out for. The closing price at 2.00 pm at which the signal will be negated is at 4975. Having said that i should also give u the target ...

Date 9/27/07 time 12.41 pm

The hourly charts have given a buy signal for the cash nifty at 11.00. This means that the market should go up from here for at least today. Remember if the signal were to fail then that means that a top is being formed. The stocks to be bought cannot be put down here for lack of time. I have decided to just give the nifty momevment as the movement of the maret determine to a large extent the movement of individual stocks. By the way the clsoing for nifty ...

Date 09/26/07 time 5.51 pm

i was trrying my best today to juggle between my hourly positions and these postings but have to say it i faileed miserably. I would surely have been able to tell u all which scrip to sell instead of the posting that i gave which talked about a impending top. But i guess when u work the way i do there is no gainsaying the fact that i cant be doing both things writing and also trading. It is perfectly okay when u r trading day charts but when u get down to ...