Is this a start of a bull run..
Most of the counters were GREEN..
My loss is reducing
Please share your views..
Tks
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Antonym wrote:I'm still waiting for 4725 to be tested again. If that level holds, it would be the second part of the 'double bottom pattern' - one of the most reliable indicators of a market bottom...
That's the big question...Trend wrote:4725 tested meaning market coming down close to that level and recovering? Or staying above that level for a while?
All this is mere hypothesis... If I had answers to questions like that, I would not be sitting here right now.anubis wrote:Yup, I also have the same question... how long will it take to test the 4725 level? is it possible that it will never be touched again?
wait for few days we should see some action after greece go to vote in 4 days.when the results are out....cat too will be out of the bagRizmi wrote:Hi Friends,
Is this a start of a bull run..
Most of the counters were GREEN..
My loss is reducing
Please share your views..
Tks
bro it has to be either fundamentals or technical or mixture of both to drive the market either way.......only gamblers will avoid these 2osmand wrote:this is not predictable, technical or fundamental analysis not drive the markt. We need more buying..... & Confidence.
lets hope hari....... i have to agree with 2 paras on top, but neutral on 3rdhariesha wrote:Market was stagnant for couple of days. Today in the morning I expect market to come down. The reason was remaining force selling and profit taking. Even I was in the selling side, yesterday and today.
But market absorbed the selling very encouragingly though in small quantities. If the market can absorb the profit bookings it will create an uptrend. During last few days market absorbed about two profit cycles. Hope this will continue. Best thing is to take short positions in trading portfolios while holding and collecting good shares into investment portfolios.
Normally I am not following TA. In this market I feel TA is bit late. TA is good in highly liquid market. What we have now is less selling other than forced ones. Always selling side is weak in order books.
Hope June will be an eventful month.
osmand wrote:this is not predictable, technical or fundamental analysis not drive the markt. We need more buying..... & Confidence.
anubis wrote:A bull run will be confirmed when a swarm of promoters start making posts...
Cheers!
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