Saturday, September 29, 2012

PRACTICAL TRAINING IN MARKET TECHNICALS BY EXPERTS.

I would like to inform all friends visiting my blog that we have been conducting  Special Training Sessions for Technicals and Trading  in Stock Markets at our Premises in New Delhi..

The programme is as follows;
Comprehensive course   Duration : TWELVE hrs (Two Days).

 Course modules are :
i. Market Cycles & Dow Theory
ii. Elliot Wave.
iii. Charts and  Chart Patterns
iv. Study of candle sticks
v. Introduction to technicals.( MA, Indicators,Bands etc )
vi.Fibonacci applied to EW
vii.Structured approached to Applying Technicals  in Stock Markets.

viii. Practical Trading System 

PS: We  also conduct a Short Duration Course of 1 DAY for out of station visitors , 

Kindly get in touch at the following email address for details and querries
bhrajan@gmail.com
rjn_bht@yahoo.co.in

WEEK1st oct to 5th oct & OCTOBER month

Markets have finished the Month and Quarter posting higher highs /higher lows ..As mentioned last week we are in the resistance zone from here on and when ever market does a LOWER HIGH/LOWER LOW caution of reversal has to be seen..5640-5650 is now emerging as a support zone below 5705 for the coming week  with resistance around 5790-5815 zone..For the coming month 5600 will be a watch zone with  Range  of 250 points either way at least..Buy the dips should remain the policy for the traders till the markets do not show reversals..enjoy your trades cheers

Saturday, September 22, 2012

WEEK 24TH TO 28TH SEPT.

Markets crossed the threshold last week amidst choas in the Govt to surge to its final targets of 5850-6000..Will it be able to achieve this or has it posted for us the higher low/higher high in the weekly charts.. Going ahead as this is the settlement week it can be volatile,..Profits need to be booked in your investments also as we climb up..as the rally has lasted 9 months from the december lows..Caution specially for traders as at new heights the reversals are sharp and quick..October could be a month of consolidation and giving away,  so trade accordingly..5450 will be a crucial zone to watch in declines in weeks ahead and 5850 could be the area of great resistance..cheers

Sunday, September 16, 2012

WEEK 17th TO 21st SEPT.

Markets  rocketed this week on Global cues and The Govt..action..The threshold of last high of 5464 was taken out with a huge gap up targeting towards the old high of 5700 in the coming week..Now 54500-5420  should be a strong support for sometime to come..The S/R for the coming week would be 5500 with a range of+/- 150 points ..Keep booking your profits as we go up on the investments which are profitable and done in the last few weeks..Only crossover of 5700 and about a weeks stay over that will propel markets towards the 6000 zone..enjoy your trades.. cheers..

Saturday, September 8, 2012

WEEK 10 TH TO 14TH SEPT

Markets took supports at the trend line support at 5230-40 zone to bounce back on global news towards the last highs..The Intraday charts were quite oversold after many days of correction and the small trigger did the rest..The chart i posted last week exactly potrayed the same footprint moving forward and it unfolded well for the followers of this blog...Now over 5360 we may head towards the 5400-5420 zone thereby completing the journey back..What next???..the market will take a breather here and see what it has to do next..we will also be a tad overbought..Dips should find support in the 5310-30 zone and resistances at 5420-30 zones..Trade them accordingly as the next cues comes in the middle of sept. from US..cheers.

Sunday, September 2, 2012

NIFTY DAILY CHANNELS

                                                CLICK TO ENLARGE THE IMAGE.
The above channel chart is self explanatory for seeing the support /resistance...breakout/breakdown zones of the nifty going ahead..cheers.

WEEK 3RD TO 7TH SEP

Markets have closed very close to the Monthly PIVOT of 5285..and a minimum range of 200-300 points can emerge in the month of september..So take your trades accordingly in this month ...Global flows have trickled down and the markets again are slipping in a range..5200-5400 could be a range for coming times before a breakdown/breakout takes place..trade accordingly..Select buying can be done on index stocks like Banking/IT etc on positive days..Trade light..cheers.