Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
Nothing in this article is, or should be construed as, investment advice.
I agree to this view. Sensex at 8300-8500 levels should be considered as a
very good buying opportunity for Swing traders. In my study of the technical
chart, the channel formation of Sensex indicates that in this fall worse
8040(on closing basis) is maximum bottom & it will hold strong. Sensex is
likely to take U-Turn from current levels move upwards to 8950-9100 levels
by November expiry & rally to 10100-10350 levels in December.10350 level
should be the maximum upper level(on closing basis) for this rally...where
FreshShorts should be initiated.
Seniors on board, plz provide your comments/opinions!
Regards
SJ
On 11/21/08, Maverick <rajivha...@yahoo.com> wrote:
> *Some forward looking statements on projections, estimates, expectations &
> outlook are included to enable a better comprehension of the Company
> prospects. Actual results may, however, differ materially from those stated
> on account of factors such as changes in government regulations, tax
> regimes, economic developments within India and the countries within which
> the Company conducts its business, exchange rate and interest rate
> movements, impact of competing products and their pricing, product demand
> and supply constraints.*
> **
> *Nothing in this article is, or should be construed as, investment advice.
> ** *
> very good buying opportunity for Swing traders. In my study of the technical > chart, the channel formation of Sensex indicates that in this fall worse > 8040(on closing basis) is maximum bottom & it will hold strong. Sensex is > likely to take U-Turn from current levels move upwards to 8950-9100 levels > by November expiry & rally to 10100-10350 levels in December.10350 level > should be the maximum upper level(on closing basis) for this rally...where > FreshShorts should be initiated.
> Seniors on board, plz provide your comments/opinions!
> Regards > SJ
> On 11/21/08, Maverick <rajivha...@yahoo.com> wrote:
>> FYI
>> *Safe Harbor Statement:*
>> *Some forward looking statements on projections, estimates, >> expectations & outlook are included to enable a better comprehension of the >> Company prospects. Actual results may, however, differ materially from those >> stated on account of factors such as changes in government regulations, tax >> regimes, economic developments within India and the countries within which >> the Company conducts its business, exchange rate and interest rate >> movements, impact of competing products and their pricing, product demand >> and supply constraints.* >> ** >> *Nothing in this article is, or should be construed as, investment >> advice.** *
Dear Members.
Vivek Patil is the best technical analyst in the world today.
His prediction about 80% retracement in double combination is according to
Neelys tech .
IN FACT HE HAS SURPASSED NEELY IN SOME ASPECTS .LIKE 11% FROM THE TOP ETC
.ITS HIS DISCOVERY AND HE HAS PROVED IT CORRECT.
THANKS
Rajendra k wadher
On Fri, Nov 21, 2008 at 11:20 AM, Sumit Jain <sumitjain2...@gmail.com>wrote:
> I agree to this view. Sensex at 8300-8500 levels should be considered as a
> very good buying opportunity for Swing traders. In my study of the technical
> chart, the channel formation of Sensex indicates that in this fall worse
> 8040(on closing basis) is maximum bottom & it will hold strong. Sensex is
> likely to take U-Turn from current levels move upwards to 8950-9100 levels
> by November expiry & rally to 10100-10350 levels in December.10350 level
> should be the maximum upper level(on closing basis) for this rally...where
> FreshShorts should be initiated.
> Seniors on board, plz provide your comments/opinions!
> Regards
> SJ
> On 11/21/08, Maverick <rajivha...@yahoo.com> wrote:
>> FYI
>> *Safe Harbor Statement:*
>> *Some forward looking statements on projections, estimates,
>> expectations & outlook are included to enable a better comprehension of the
>> Company prospects. Actual results may, however, differ materially from those
>> stated on account of factors such as changes in government regulations, tax
>> regimes, economic developments within India and the countries within which
>> the Company conducts its business, exchange rate and interest rate
>> movements, impact of competing products and their pricing, product demand
>> and supply constraints.*
>> **
>> *Nothing in this article is, or should be construed as, investment
>> advice.** *
>> **
>> * *
>> **
>> **
-- rkwadher
Live simply.Love generously.Care deeply.Speak kindly.LEAVE THE REST TO GOD
There goes a saying : "The Chart knows everything. Charts foretell what is
coming up next."
The bad news starts flowing in when the chart completes its journey towards
North.
I maybe wrong in interpreting the chart-pattern formations, no denying to
it.
But its only when the levels on either side are breached, one can conclude
whether the inferences drawn were correct or not.
Charts reveal gamut of information. All they require is someone to read them
correctly. And, Vivek Patil is one name that stands out.
So believe in the power of charts.
On 11/21/08, Sarath Chandra <nsara...@gmail.com> wrote:
> - Citibank files for bankruptcy in December'08?
> - GM goes under in December'08?
> Can 10100-10350 still hold good?
> Regards,
> - Sarath.
> On Fri, Nov 21, 2008 at 11:20 AM, Sumit Jain <sumitjain2...@gmail.com>wrote:
> I agree to this view. Sensex at 8300-8500 levels should be considered as
>> a very good buying opportunity for Swing traders. In my study of the
>> technical chart, the channel formation of Sensex indicates that in this fall
>> worse 8040(on closing basis) is maximum bottom & it will hold strong. Sensex
>> is likely to take U-Turn from current levels move upwards to 8950-9100
>> levels by November expiry & rally to 10100-10350 levels in December.10350
>> level should be the maximum upper level(on closing basis) for this
>> rally...where FreshShorts should be initiated.
>> Seniors on board, plz provide your comments/opinions!
>> Regards
>> SJ
>> On 11/21/08, Maverick <rajivha...@yahoo.com> wrote:
>>> FYI
>>> *Safe Harbor Statement:*
>>> *Some forward looking statements on projections, estimates,
>>> expectations & outlook are included to enable a better comprehension of the
>>> Company prospects. Actual results may, however, differ materially from those
>>> stated on account of factors such as changes in government regulations, tax
>>> regimes, economic developments within India and the countries within which
>>> the Company conducts its business, exchange rate and interest rate
>>> movements, impact of competing products and their pricing, product demand
>>> and supply constraints.*
>>> **
>>> *Nothing in this article is, or should be construed as, investment
>>> advice.** *
Not really. Q3 results are expected to be worse for the industry. This
would have direct impact on the sensex in early next year. US
companies would have their year closing in Dec, and the fiscal results
would surely have the negative impact globaly.
On 11/21/08, Sumit Jain <sumitjain2...@gmail.com> wrote:
> I agree to this view. Sensex at 8300-8500 levels should be considered as a
> very good buying opportunity for Swing traders. In my study of the technical
> chart, the channel formation of Sensex indicates that in this fall worse
> 8040(on closing basis) is maximum bottom & it will hold strong. Sensex is
> likely to take U-Turn from current levels move upwards to 8950-9100 levels
> by November expiry & rally to 10100-10350 levels in December.10350 level
> should be the maximum upper level(on closing basis) for this rally...where
> FreshShorts should be initiated.
> Seniors on board, plz provide your comments/opinions!
> Regards
> SJ
> On 11/21/08, Maverick <rajivha...@yahoo.com> wrote:
>> FYI
>> *Safe Harbor Statement:*
>> *Some forward looking statements on projections, estimates, expectations &
>> outlook are included to enable a better comprehension of the Company
>> prospects. Actual results may, however, differ materially from those
>> stated
>> on account of factors such as changes in government regulations, tax
>> regimes, economic developments within India and the countries within which
>> the Company conducts its business, exchange rate and interest rate
>> movements, impact of competing products and their pricing, product demand
>> and supply constraints.*
>> **
>> *Nothing in this article is, or should be construed as, investment advice.
>> ** *