Investment & Trading Strategies Workshop
Become a skilled trader and make consistent profits. Learn proven, state-of-the-art techniques from Deepak Mohoni. For more details, click here.
The next two workshops are at :
| Bangalore | 25 Feb 2012 | Hotel Taj Gateway |
| Delhi | 17 Mar 2012 | Hotel Jaypee Vasant Continental |
The workshop timings are from 9 AM to 5 PM
Long-term Trend : probably up
Submitted by deepak on 27 January 2012 - 8:40am
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The chart on the left shows the sensex between Sep 2 to Jan 27. The points marked "T" are intermediate tops, while those marked "B" are intermediate bottoms. The dashed line in the centre of the chart is the 200-day moving average of the sensex. |
Our market’s long-term trend is probably up, with the sensex closing above its 17,050 on Wednesday. The nifty also finished above 5,150 and the CNX Midcap Index cleared 6,900. These levels are the previous intermediate tops rounded up to the nearest 25.
Intermediate Trend : Bull market almost confirmed
Submitted by deepak on 27 January 2012 - 8:36am
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The chart on the left shows the nifty between Sep 2 and Jan 27. The points marked "T" are intermediate tops, while those marked "B" are intermediate bottoms. The dashed line in the centre of the chart is the 200-day moving average of the nifty. |
The market is in an intermediate uptrend that started on Dec 20 when the sensex bottomed out at 15,136.
