With extremely high reading of STIX and McClellan Oscillator of 71 and 178 respectively, Nifty seems to be way overbought indicating some Makar Sakranti(Harvesting Festival of India) in the November.
I am in complete agreement with Smart Money, 
when they are booking profits at every 75 points gain on either side, and that now they are betting a little downside as opposed to the Dude Money. I see a good harvest of "dudes" now that CoC is 11%.
Oh yes I remember the Old John Lennon (RIP) song "Imagine". I am thinking of creating a Housemix of the same and adding the following lines: "Imagine No Trading Losses...It isn't hard to do..." And House Mix reminds me of sweet girl on Lazard video......
Posts
4 Comments:
Dear Bhalooji,
Visiting the blog after a good gap of time.
You have really made it very useful.
Thanks for the efforts.
Regards.
Dharmesh
Hi Javed Sir,
This site is very very useful.
Can you please, send me the excel file that shows how to calculate BSAR value?
I have read somewhere in comments that you have an eBook on BSAR. Can you please send me that, as I still have some doubt, as when I calculate it is not matching with your BSAR values.
Regards & Thanks,
Dharmesh T Rana
Hi, Dharmesh Bhai,
Thanks! This blog is basically a monologue, I am just thinking aloud...
*********************************
Hi DTR,
http://depositfiles.com/files/t148sk1vk
No I had dropped the idea of authoring an e-book -- the reason being everyday we all learn something new .. and the things learnt in the times bygone look so naive... Thanks for reading the "bakwaas" that I write ;)
Hi Javedbhai,
Many thanks for the excel file on BSAR value.
I do not think it's a bakwas, rather it opens the door of generating new ideas, as well.
Regards & Thanks,
Dharmesh T Rana
Post a Comment