tag:blogger.com,1999:blog-4106354889057002803.post2700342237908569323..comments2024-01-06T16:15:40.022+05:30Comments on The Third Eye: Interesting ChartsAAR VEEhttp://www.blogger.com/profile/12209323009249048054noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4106354889057002803.post-47442472200208306362011-03-05T14:28:48.457+05:302011-03-05T14:28:48.457+05:30@Debdeep,
Thanks and kep coming back with ur obser...@Debdeep,<br />Thanks and kep coming back with ur observations and comment.<br /><br />@mynac<br />Very fine observation about 300 point cushion.My EW understanding saying same too(down),but i will have flexibility above 5700(if trades)and lighten my positions,will watch very carefully the profiles and price level and then decide to take a plunge.I suppose will get resolved finally in April series,if trades above 5700 sometime in March.<br />They will make people to buy on dips for the C wave to unfold.AAR VEEhttps://www.blogger.com/profile/12209323009249048054noreply@blogger.comtag:blogger.com,1999:blog-4106354889057002803.post-21883711094201593362011-03-05T13:05:57.807+05:302011-03-05T13:05:57.807+05:30Dear AAR VEE,
Shall it be again touch & fall t...Dear AAR VEE,<br />Shall it be again touch & fall this time too?Because this time too the short term technicals are yet not favoring Bulls.<br />But if Bulls will push Nifty beyond 200 DMA + 300 Points,then only one can think over the new top,the new targets etc.<br />Generally it is seen that whenever Bulls have pushed or succeed in pushing Nifty beyond above said criteria,Nifty has meet upward targets easily.<br />AT present 50 & 200 DMA is 5655 so 5655 + 300=5955 is the minimum requirement.<br />Why these 300 points? because Bulls keep or need "these points" as a cushion.<br />Following are the examples for the same:<br />On 28/04/2009 NF Close 3354.95,& 200 DMA 3376.8 After 5 days trading NF top 3717.40<br />On 09/06/2010 NF Close 4990.40 & 200 DMA 5021.45 After 5 Days trading 5297.<br />In both cases after running corrections up to 4% Bulls saved that time 200 DMA.<br />So my simple understanding at present is based on this very common observation.mynachttps://www.blogger.com/profile/01555843740218825295noreply@blogger.comtag:blogger.com,1999:blog-4106354889057002803.post-90134984182924331202011-03-05T11:56:29.615+05:302011-03-05T11:56:29.615+05:30Simply Awesome.....gr8 analysis. Keep up your good...Simply Awesome.....gr8 analysis. Keep up your good work.Debdeephttps://www.blogger.com/profile/17219758538510611232noreply@blogger.com