Nifty and S&P comparison...

Pretty close !!!

Nifty EW longer term analysis...

S&P...EW small waves

My EW learning curve...

Messed up Wave 4

With EW oscillator. Look at wave 4...how messed up...

s&p trendline

S&P falling wedge...10 min chart...

Bottoms and Tops

It is amazing how this simple principle seems to be holding true all the time - Bottoms respect previous tops and tops respect previous bottoms ( simple supports and resistences ). Look at this chart carefully and see how many times this has been true...

Nifty channel

Bigger channel

S&P

Make or break week ahead...

option spreads...started Oct 4...

channel top at 5525 touched ?

EW analysis for Aug 8...Nifty...

'E' target of 5335-40 ?

Nifty weekly...

Will we know direction in a couple of weeks ? Negative div in weekly.

Nifty negative divergence begins...

Money managers talk on TV...

From comments section of How to lose money listening to Goldman

When Inside Big Money talks it has two objective: create exits for its positions and generate transactional fees, invariably at the expense of Outside Small Money.

Big Money talk is morally and intellectually akin to those lanterns and hill-top bonfires wreckers used to shine off the Carolina and English coasts in the 19th century to lure ships onto reefs and rocks and, after wrecking them, either offer to earn "salvage" fees or outright plunder the cargo and murder the crews. The ships, of course, thought that the lights and fires were beacons of safety pointing the way to a safe passage.

Pirates do not change: only their technologies and uniforms. Blackbeard never dies.

The market is the king...

The stock market seems to have a remarkable talent for persuading investors to change their minds at precisely the wrong time.

Of course, the stock market doesn’t actually cajole, coax or convince anyone. It’s only a mirror. Nervous investors end up doing the wrong things all by themselves.

Nifty targets...5490-5520...

Nifty FII investment in index futures...

Caution folks...Although the market was up, FIIs were short today. Watch for tomorrow afternoon action.

FII Index futures ( in crores ) investment this month by day -

-1604 ( 25 June )
25 ( 26 Jun )
-1458
96
-1586
-463
-370
1061
-222
1455
1060
609 ( 12 July )
-50 ( 13 July )

See the trend the past 4 days !!! People going long now
might end up holding the baggage.

No guarantees...

Thanks to my friend Girish for maintaining this data.

Weekend reads...

Did you know ? California’s GDP is twice that of India's.

Is the sky falling or sun shining ?

Nuke to save BP

Three best performing ETFs in 2010...india, china, brazil are not one of them

Nifty July 2...falling wedge