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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Current market phase Vs. Philosophical bull run!

Current market phase Vs. Philosophical bull run!

+5
amateur
uditha9
gann
Aamiable
xmart
9 posters

Go down  Message [Page 1 of 1]

xmart

xmart
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

[img]Current market phase Vs. Philosophical bull run! Cse11[/img]

Just look at chart, I believe Candlestick charts very much.. because it interpret current market trends and how much powerful the current trend. Just see, the highlighted area.
that mean, bulls are trying to take over the market phase, but bears are still able to kept low the market. all other indexes are neutral and they can support both uptrend or down trend. but candles said, bears are getting tiered. look at time line or controlled bull trend. then, i guess there may be a sudden blasts time to time, but long term bull trend is signaling.

this is a transition period. new set of investors are entering while lot of investors taking their profits.
market ready to break its silent gradually.

finally, second phase of the year would be a steady bull market for fundamental stocks. since ASI is climbing others also can have a good future.

Happy 2nd half of the year.

Aamiable


Vice President - Equity Analytics
Vice President - Equity Analytics

Since then uptrend has continued, can’t find the bottom again.

gann

gann
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

See that LAST GREEN Candle with the larger body. Bulls are failing to break out of that Candle range because of buying and selling with no new money in the system. No real direction. New money has to come from outside to break this. due to this we will see few selected stocks moving while other falling.

Aamiable


Vice President - Equity Analytics
Vice President - Equity Analytics

I think end of March and April trend is otherway around.

uditha9


Manager - Equity Analytics
Manager - Equity Analytics

gann wrote:See that LAST GREEN Candle with the larger body. Bulls are failing to break out of that Candle range because of buying and selling with no new money in the system. No real direction. New money has to come from outside to break this. due to this we will see few selected stocks moving while other falling.
agreed.foreign intervention is the only soloution

Aamiable


Vice President - Equity Analytics
Vice President - Equity Analytics

This chart is current abd uptodate

http://www.bloomberg.com/apps/quote?ticker=CSEALL:IND

gann

gann
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

uditha9 wrote:
gann wrote:See that LAST GREEN Candle with the larger body. Bulls are failing to break out of that Candle range because of buying and selling with no new money in the system. No real direction. New money has to come from outside to break this. due to this we will see few selected stocks moving while other falling.
agreed.foreign intervention is the only soloution

Also its important to see the comeback of those who pulled their money out of the system. Overall long term trend is bullish anyway. That will happen someday. When that will happen is anyone's guess Smile But this is a excellent collection period IMO for good solid stocks. But do not commit all your buying power. Use 50%. And save the rest for averaging if the short term trend reveres. Playing safe.



Last edited by gann on Sat Apr 09, 2011 12:30 pm; edited 1 time in total

xmart

xmart
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

gann wrote:See that LAST GREEN Candle with the larger body. Bulls are failing to break out of that Candle range because of buying and selling with no new money in the system. No real direction. New money has to come from outside to break this. due to this we will see few selected stocks moving while other falling.

mhh. yes. I do agree! Solution is "CSE should find new set of investors to continue bull trend. I pointed out that in my earlier post too. Foreigners are not much attracting these days, may be due to credit clearance era. looks like government institution also being bit hesitate to enter now. but 2nd half would be good!

lets see...

gann

gann
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

So falling of some stocks may not be necessarily because of their fundamentals but technical s in the current zero sum game market phase. Identify and Hunt for those for higher gains Smile



Last edited by gann on Sat Apr 09, 2011 3:42 pm; edited 1 time in total

amateur


Equity Analytic
Equity Analytic

wow....i want to learn............. Very Happy Very Happy Very Happy

xmart

xmart
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

gann wrote:So falling of some stocks may not be necessarily because of their fundamentals but technical s in the current total sum game. Identify and Hunt for those for higher gains Smile

rather, let us say "In this market phase, it is safe to play technically in fundamentally sound stocks. then if technical fail, you will not lost sleep because, you are safe with fundamentals. "

NW


Equity Analytic
Equity Analytic

Great work, @xmart. My gut feeling is that it will move up with the release of Q4 reports.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

gann wrote:
uditha9 wrote:
gann wrote:See that LAST GREEN Candle with the larger body. Bulls are failing to break out of that Candle range because of buying and selling with no new money in the system. No real direction. New money has to come from outside to break this. due to this we will see few selected stocks moving while other falling.
agreed.foreign intervention is the only soloution

Also its important to see the comeback of those who pulled their money out of the system. Overall long term trend is bullish anyway. That will happen someday. When that will happen is anyone's guess Smile But this is a excellent collection period IMO for good solid stocks. But do not commit all your buying power. Use 50%. And save the rest for averaging if the short term trend reveres. Playing safe.

Gann Yes.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

xmart wrote:
gann wrote:So falling of some stocks may not be necessarily because of their fundamentals but technical s in the current total sum game. Identify and Hunt for those for higher gains Smile

rather, let us say "In this market phase, it is safe to play technically in fundamentally sound stocks. then if technical fail, you will not lost sleep because, you are safe with fundamentals. "

Xmart Yes. good call.

Meta Trader

Meta Trader
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

What ever the actual performance and earnings doesn't matter in this stock exchange. it is just perception...
it doesn't mean we can not enjoy the joy ride . what we have to do is follow the system that will going to work for us Wink

ha_na


Manager - Equity Analytics
Manager - Equity Analytics

Meta Trader wrote:What ever the actual performance and earnings doesn't matter in this stock exchange. it is just perception...
it doesn't mean we can not enjoy the joy ride . what we have to do is follow the system that will going to work for us Wink

That is a meaningful post I have seen for a long time in this forum. A professionals way indeed.

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