Sunday, 17 January 2016

{LONGTERMINVESTORS} Fwd: Market wisdom from Utpal Dutt

 


Market wisdom from Utpal Dutt

Link to STATE OF THE MARKET

Market wisdom from Utpal Dutt

Posted: 14 Jan 2016 01:25 PM PST

Here's a small video - Just for fun The above video is not intended to make fun of anybody. Please don't feel offended. And if you do, I don't care.

Nifty is repeating ICICI Bank pattern and that's disturbing

Posted: 14 Jan 2016 06:25 AM PST

Here's what ICICI Bank stock did for long time : Source: Chartalert.com ICICI Bank stock created a base at 283 and kept bouncing from there. Since 283 level was above the breakout level of 245 which ICICI Bank stock broke in 2014 - the level of 283 was construed as a bullish base. But then […]

Never ignore Large Candle Selling

Posted: 13 Jan 2016 05:32 PM PST

Lots of times you hear: the stock has sold off big time and it's a great time to buy. Well, not necessary. When a stock sells off with a large candle, it's generally the start of big decline. Here's one example: Dr Reddy stock daily chart Source: Chartalert.com Every Selling is not a buying opportunity. […]
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CA. Rajesh Desai

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