Money Deal

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Thursday, 26 April 2012

Mid-Week update

Posted on 06:50 by Unknown
Just a quick update looking at the charts. Markets are likely to go a bit lower. The Corrective B correcting the up move from 4531 to 5629 is not yet over. Only legs A and B are over. 1 more down leg starting from 5378 is ongoing.
The target for this could be 5074 which coincidentally is close to 50% retracement of the up move. Be prepared to nibble at lower levels.
Email ThisBlogThis!Share to XShare to Facebook
Posted in | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • Has the Santa Rally started?
    The markets digested 2 events of the Central Banks of the US and the RBI coming out with policy pronouncements. Let us see what they mean fo...
  • PPF: Do Not Break that PPF amount just yet
    Its is that time of the year where one plans for tax savings.PPF is one of the best schemes for tax savings and planning for retirements. Th...
  • Big Move Coming:Up or Down
    There is a big move coming in the markets this either up or down. There are several reasons why a big move would materialize. The person who...
  • World Markets Down: Why are we holding up?
    It was a tumultuous week for the World Markets. Europe, Shanghai and the US markets tanked. Indian Markets have fallen barely 3 pc from the ...
  • Gloom and Doom Ahead
    If one goes by the headlines, there is doom and gloom ahead. Airlines are going bust, people are being laid off, bond yields have crossed 9 ...
  • Markets continue to Rally on positive news flow
    The Markets gained another 2 pc to end the week at new 52 week highs. The markets put behind them all the political uncertainty and the mid ...
  • Investing in Gilt funds
    The equity markets are tanking, so where does one invest in? I had tried to do a bit of study on the funds and the pros and cons of investin...
  • Who sold on Friday?
    The markets tanked on Friday thus undoing the gains of the entire week in 1 week and closing the week a net 1 pc down. What led to this pani...
  • Asset Classes Review and Best Asset Class for 2013
    People usually have the options to invest in Equities, Real Estate, Gold, Debt funds. The idea of investing is either to make the maximum re...
  • GM Results, Stress Test results and Great Expectations
    This was an eventful week in the US. This week probably sowed the seeds of a bear market rally in the US for at least till the end of June.T...

Categories

  • 3 Fans
  • airport developers
  • asset allocation
  • ayn rand
  • bailout
  • bollinger band
  • bottom
  • bounce
  • breakout
  • budget
  • china
  • compoundig
  • correction july results
  • covered call
  • debt
  • debt crisis
  • december
  • divided yield
  • dollar index
  • domestic consumption
  • double top
  • Dow
  • dubai
  • economic superpower
  • economy
  • elections
  • elliot sensex
  • EMA
  • europe
  • FIIs
  • financial planning
  • gann
  • GM. elections
  • gold
  • greece
  • hedge
  • hot money
  • idfc infrastructure bonds
  • india cabinet reshuffle
  • India growth story
  • india infoline
  • infrastructure
  • infrastructure bonds
  • Interest rates
  • investment cherry picks
  • January
  • MA
  • National Economic Debate
  • NCD
  • nifty
  • nifty channel
  • NPAs
  • Olympics
  • options
  • P/E
  • politics stocks market
  • ports
  • power
  • rally
  • rbi
  • rbi credit policy
  • recession
  • recovery
  • Reliance
  • repo
  • reverse repo
  • RSI
  • rupee
  • seasonality
  • Sensex
  • Sensex elections 2009
  • Shanghai
  • shorts
  • sovereign default
  • stock
  • stock pick
  • stocks
  • top
  • trading strategies
  • trendline

Blog Archive

  • ►  2013 (57)
    • ►  December (3)
    • ►  November (5)
    • ►  October (5)
    • ►  September (4)
    • ►  August (5)
    • ►  July (4)
    • ►  June (5)
    • ►  May (5)
    • ►  April (4)
    • ►  March (6)
    • ►  February (7)
    • ►  January (4)
  • ▼  2012 (69)
    • ►  December (6)
    • ►  November (5)
    • ►  October (5)
    • ►  September (7)
    • ►  August (5)
    • ►  July (5)
    • ►  June (5)
    • ►  May (8)
    • ▼  April (7)
      • The Range Bound Trading continues
      • Mid-Week update
      • RBI surprises by a Rate Cut of 50 basis points
      • Infosys disappoints and weak global cues
      • Mid Week update
      • Awaiting the Results season
      • The Correction Ends
    • ►  March (5)
    • ►  February (5)
    • ►  January (6)
  • ►  2011 (85)
    • ►  December (5)
    • ►  November (5)
    • ►  October (7)
    • ►  September (6)
    • ►  August (7)
    • ►  July (7)
    • ►  June (7)
    • ►  May (10)
    • ►  April (10)
    • ►  March (5)
    • ►  February (6)
    • ►  January (10)
  • ►  2010 (94)
    • ►  December (8)
    • ►  November (7)
    • ►  October (7)
    • ►  September (5)
    • ►  August (9)
    • ►  July (10)
    • ►  June (6)
    • ►  May (9)
    • ►  April (6)
    • ►  March (13)
    • ►  February (9)
    • ►  January (5)
  • ►  2009 (45)
    • ►  December (4)
    • ►  November (4)
    • ►  October (6)
    • ►  September (4)
    • ►  August (5)
    • ►  July (6)
    • ►  June (3)
    • ►  May (6)
    • ►  April (3)
    • ►  March (3)
    • ►  February (1)
Powered by Blogger.

About Me

Unknown
View my complete profile