ARTICLES FOR INVESTTIME

Dear friends, BIRLA SUNLIFE ( wealth managers) Reserch team has asked me to start a series of articles for their inhouse magazine, INVESTTIME on market technicals /indicators/chartpatterns etc etc , for the COMING months... The first in the series is published and available . Do go through the link given below
http://www.birlasunlife.com/distributiontsetIMS/new/Investime_Sept_08.pdf
PAGE 10.
Markets did gap up , gave good profits and the call for booking profits and taking them home must have helped....do remember last weeks mauling by bears was huge and wounds will take some time to heal..lets see how things unfold in the next day or so and where we take support..cheers

AMA/CHANDE VIDYA LINES

the line in green red is AMA/and the line in pink white is chande vidya..see the RSI has a long way to go up to overbought territory right now..notice when they falttened .the prices rallied towards it yesterday...so whe nit will slip price will travel to it..on the rt side is the ama/cv values.. also if u will look a few days back from where the selling is coming when they both turned down...cheers

BULLS BACK

HELLO BULLS, looks like some survived.the severe bear maulings.Weekend gloom doom vanishes with todays opening, most of the fall of last week will be reversed in 2 days..Had written that all this selling is overdone and the bulls will uncoil..as indicators are abt. to turn. Hope the speedlines/retracements levels helped..People who bought stocks last week or went long in FNO should post profits today..enjoy the ride..cheers.