Sunday, August 10, 2014

Weekly update 11th Aug

For the week starting 11th Aug 2014

Trend : Bearish,
Power: Low

Stoploss levels: 7644, 7686, 7720
Support levels: 7500,

Index closed below 50 SMA for the first time since Feb'14. We need to see 2 more close below 50 SMA for final conformation of it being resistance.

The 4 HR chart has still not indicated a powerful bearish trend as candle close below lower band and RMA minor break of 40 are missing.

Looking at Trend changing dates we have 8th to 11th as cluster.

Lets see if we can expect some reversal on Monday and how long it can last.

Sunday, July 20, 2014

Daily update 21 July 2014

Daily update 21 July 2014

21-Jul-14
Trend Bullish
Power Low
Support Resistance
7612 7710
7583 7731/7745





Tuesday, July 15, 2014

July 2014 Trend Change Dates

For July 2014 TCD dates are:

15th July
21st July
and 31st July.

21st July can prove to be a short term top.

Friday, May 30, 2014

Trend Change Dates June 2014

Trend Change Dates June 2014

Following are cluster of days for Trend change in June

1. 5th (Thu)/6th (Fri) J/M
2. 10th (Tue)11th (Wed)/12th (Thu) M+SF/EV/H
3. 16th (Mon)/17th (Tue)/18th (Wed)/19 (Thu)/20th (Fri) H/M+H/H+S+T/SF/T
4. 23rd (Mon)/25th (Wed) S/S

Mer OOB 10th May to 6th June

H Mars Sat conjunction 15 June

Summer Solstice 21 June

So possible Trend change dates are

5th/6th, 11th, 18th/19th, and 24th for June month.


Tuesday, May 20, 2014

Thursday, May 1, 2014

TCD date in May 2014

TCD changing dates in May 2014.

1. 2nd (Fri) /5th (Mon) H/J
2. 9th (Fri)/12th (Mon) S/J
3. 15th (Thu)/16th (Fri)/19th (Mon) H/T
4. 20th (Tue)/ 22nd (Thu) S
5. 25th (Sat) M
6. 30th (Fri)/30th (Fri)/31st (Sat) J/M/S

Cardinal Dates: 9th May and 24th May

Mercury Out of Bounds on 10th May 2014.

In addition
5/1: DOW geocentric Nodes 72°/36°
5/2: Mars enters Scorpio
5/10: Saturn-Earth Conjunction

Lunar Dates
Full Moon 14th May Wed 
New Moon 29th May