WEEKLY OUTLOOK FOR SHORT TERM INVESTORS

In my opinion successful trader is the person who follows the trend with stop loss!

At present I do consider investments at this 17500 level but suggesting to put a stop loss level at 15300 which is the last higher bottom formation, due to reasons ranging from not just the technical support but threat of unemployment problem worsening in USA,
beginning of monetary tightening from RBI

and fears of stringent government actions due to irrepressible inflation rates.


Right Guys.. Now as per techicals,
As shown below in SENSEX candle sticks chart-
3rd higher top is higher than 2nd higher top and 2nd higher top is higher than 1st higher top.

Similarly as shown in the same chart 4th higher bottom is higher than 3rd higher bottom and 3rd higher bottom is higher than 2nd higher bottom, and 2nd higher bottom is higher than 1st higher bottom.



HIGHER TOPS-HIGHER BOTTOM FORMATION IN WEEKLY CHART

NIFTY DAILY CHART SHOWING CHANCES OF GOING UPTO 5500 WITHIN MARCH 2010
(Charts already revealed things in SEP 09)
 
This is a reminder..That is all
 
 

CHINA ATTACKING
GOOGLE THROUGH GMAILS...?

WATCH GOOGLE'S CHIEF
LEGAL OFFICER
DAVID DRUMMOND'S
VIEW ABOUT CHINA'S
FRUSTRATING
ACTIVITIES TOWARDS GOOGLE