SENSEX Daily Chart for 20th July 2009
NIFTY 60 mins Intraday Chart for 20th July 2009
DOJI as SHORT TERM Bottom mentioned on 14th July 2009
H&S Pattern Formation Mentioned on 29th June 2009
We had mentioned about H&S pattern on 29th June 2009, in that we had told that closing below neckline will give some good downside move. We have suggested positional short calls to our Nifty positional trading clients on the Budget day at 3 pm with stop loss of 14261. Sensex has given 550 odd points move on downside. Many analyst were waiting for more confirmation to take call on such moves.
Now again on 14th July 2009 we had mentioned about DOJI also we had written that short term bottom is in place on SENSEX. We suggested short covering call as well as fresh long positional call to our Nifty trading clients on 13th July 2009 at 3 pm and we got 1400 points from 13400 to 14800 move. Many analyst are still waiting & watching the levels to take call. Swift move will happen in this kind of market so analyst has to take swift & bold calls on market move.
Conclusion did you made profit out of this 1950 points movement on the SENSEX or still waiting for levels like many other analysts hahahahahahaha. :))
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