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Modi euphoria

Discussion in 'Technical Analysis' started by balurajgopal, May 17, 2014.

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  1. balurajgopal

    balurajgopal New Member

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    Technical analysts in principle and by conviction follow the chart patterns and begin their trade and or investments. But in recent times I have seen the drift among them to catch up with Modi euphoria and I feel that may land them into problems. nifty has taken long time that is about Five to six years to come out of consolidation and careful follow up with charts and wave patterns are required to plan investment strategies.please discuss on this point and post various strategies within the ambit of Shabbirji's Ebook concepts.
     
  2. shabbir

    shabbir Administrator Staff Member

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    Not at all. Market has moved with respect to the news and as the news was out. We saw a good sell off. Pretty much expected pattern. Will share a post on this pattern ASAP.
     
  3. shabbir

    shabbir Administrator Staff Member

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  4. balurajgopal

    balurajgopal New Member

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    Thanks for enlightenment
     
  5. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.