Wednesday, June 28, 2006

what Goldman Sachs up to

friends check out what goldman sachs is buying at the moment when all r telling to avoid buying download here Goldman Sachs post your views.
cheers
rish

pivot calculator

hi
friends try this pivot calculator which can be used to predict levels which gives you view about scripts supports and resistances download from here pivot calculator just put high , low and close for a purticular script and get going you, can learn more about pivots try google.Learn more let all lear make indian markets mature,and thanks to Mr.Prabhakar for giving this pivot calculator.
cheers

GAIL


gail looks to make an cup & handle and above 254 it can zoom buy above 254 for a 260+ target
cheers

Tuesday, June 27, 2006

TA+organ between ears=successfull trade


This is 1 min intraday chart for nifty each bar is of 1 min time, though i should say i am quite new to this financial jungle of TA(Technical Analysis)still would like to share what i learned till now,I got compelled to do this as i have seen people trading blindly when asked they say TA is not affective but i would say rather than clamouring and wasting time its better to get some good points about TA.The above chart shows nifty and if u see ema crossover generated buy signal at 2930 then at 2960 comes an ihs(inverse head&shoulder) shown as (1) which makes sure we reach green arrow target after that further move can be followed by with a help of trendline and longs can cover profits as nifty broke that trendline again we went down and made another ihs(2) though not classic one which gives way for up move so the conclusion is TA works only thing is you should know how to use it , and that will come only when we use more of the organ between out ears.
PS:-this edge is coz of live data trading if u serious about trading u need to play with live data
no shortcuts
cheers
rish