tag:blogger.com,1999:blog-542777433368745220.post2059802861724584209..comments2023-12-08T09:37:33.152+05:30Comments on Nifty Analysis - Point and Figure Charting Method: Nifty P&F (Wk 0909-1309) - In the resistance zone, support to come near 5420Rajibhttp://www.blogger.com/profile/05146745784918531791noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-542777433368745220.post-20091544366397270552013-09-11T10:53:10.003+05:302013-09-11T10:53:10.003+05:30@pinakin,
These resistance / support points are a...@pinakin,<br /><br />These resistance / support points are also decision points. When most of the market participants expect some level as resistance / support, market often shows strength by gap up / down. Hence, a trader should immediately enter such a trade with the gap as stop loss.<br /><br />In the weekly chart 5940-6020 shows as resistance band. Will do detail analysis in the weekend.<br /><br />Regards,<br />RajibRajibhttps://www.blogger.com/profile/05146745784918531791noreply@blogger.comtag:blogger.com,1999:blog-542777433368745220.post-17000127973165980292013-09-10T21:51:24.179+05:302013-09-10T21:51:24.179+05:30Dear Rajib,
Now market is making new high daily it...Dear Rajib,<br />Now market is making new high daily it now trading above 5700 on down side can we buy around 5700 area. Or wait for 5425?<br /><br />Regards, <br />Pinakinpinakinhttps://www.blogger.com/profile/07045801759800820005noreply@blogger.comtag:blogger.com,1999:blog-542777433368745220.post-39926160748082084542013-09-09T09:50:05.560+05:302013-09-09T09:50:05.560+05:30@pinakin,
technically yes still it gives a promin...@pinakin,<br /><br />technically yes still it gives a prominent buy signal. <br /><br />However, breaking the recent low (5120) might not be that fast given the strong support shown at those levels.<br /><br />You had asked sometimes back about value investing in stocks, this could be a good time where the risk:reward ratio will be good.<br /><br />Regards,<br />RajibRajibhttps://www.blogger.com/profile/05146745784918531791noreply@blogger.comtag:blogger.com,1999:blog-542777433368745220.post-5596282814976298112013-09-08T23:40:15.368+05:302013-09-08T23:40:15.368+05:30Dear Rajib,
Is VPO is still intact or count can be...Dear Rajib,<br />Is VPO is still intact or count can be changed now If it crosses 5700 . <br />Regards,<br />Pinakinpinakinhttps://www.blogger.com/profile/07045801759800820005noreply@blogger.com