TRENDZOFMARKET: 07/19/14

Saturday, 19 July 2014

HOW TO TRADE STOCK MARKET WITH SUCH TEHNICAL PRECISON

Last weekend when Most of people were bearish on the market and stocks we came with a view that we'll see sharp bounce next week and banks will lead the rally
Lets See What happened this week , Banks lead the rally and outperformed most of the Indices , Sharing one chart posted last weekend and one latest chart ...You'll understand the beauty of technical analysis , So Simple Yet so complicated ;-)

BELOW IS OUR MAIL SEND LAST WEEKEND AND HOW IT REACTED THIS WEEK --LETS HAVE A CHECK SEE HOW TRENDZOFMARKET AND OUR SUBSCRIBERS ARE CLEAR WINNERS

---------- Forwarded message ----------
From: MARKET TRENDZ <trendzofmarket@gmail.com>
Date: Mon, Jul 14, 2014 at 9:58 AM
Subject: MARKET POST BUDGET

Let me get this clear first that bears won't like this market view at all , Those went short last week made huge gains and those who tried to buy the dip ahead of big event(budget) burnt fingers , Those who went Long & did'nt follow any SL got into much bigger mess with huge M2M loss I suppose !!

As we'r in a bull mkt , buying the dip makes sense to me (as this has been working since last 8-10 months) , Most of the major indices are at imp supports , only Banks are showing much more weakness then other sector stocks , Some PSU banks are down 25% from recent tops (buying opportunity ?)

Lets look into charts of Major Indices for a clear view
NIFTY at Important support zone