Saturday, July 2, 2011

Desi MO (McClellan's oscillator for NSE) at EOD 01jul 2011


11 comments:

Shai said...

Thanks RM.

Breadth was good yesterday with McClellan going from +43 to + 53.

Coming close to the 60-80 mark we watch.

At + 60 and above it starts getting a "bit hot" and at +80 and above, it desperately needs to cool off.

mo h said...

Hi Shai,
Sorry for my very late reply...
Was not online after posting that comment.
Thanks to you, I found out some charts and data are rolled over to next series few days before expiry ...

No, it did not affect me directly since I am not trading these days (being not online mostly).

All the same, Your levels are still within the marks of less than 0.1% leeway.
Great!

Hope traders make use of such vertical concentration as you do, and the advantage of trading on least lags like price, profile and orders.
Have a great weekend.
Will visit asap.
[will post this same comment in vtrender recent post also, for your convenience].
Bye!

mo h said...

Hi RM,
I will put a thanks here, so that a "Thanks for thanks" will be the a/d.

I noticed now, the mcclellan 80 coincidence with the bottoming last week.
Very clean clear charts.
Have a great weekend, Bye.

mo h said...

Mauritius Monday has a Dec Volume spike and Vix spike also.
Its an addon value.

r m said...
This comment has been removed by the author.
r m said...

Hi Moh

Poor MO had to return from -65, the bulls did not allow it to live till the ripe old age of 80!
:)

r m said...

@Shai

Nifty Monthly chart with PE & EPS updated upto 30th June 2011.

Shai said...

@ RM,

Thank you.

Beautiful chart. All fundamental analysts will love the look of that chart. It is so very clear.

Buy at PE 12 and sell at PE 28.

What stood out for me in that chart was the lower PE at 6300 in Jan this year as opposed to Jan 08.

Massive story in that chart.Thanks.

Shai said...

@ Moh,

Mauritius Monday was a day when most Bears were taken to Mauritius without a return ticket !

It marked the end of the last intermediate cycle and will be a useful ref point for future action.

manu said...

rm pa ji..eps pe inflation nahi lagai//

10 paisa toffi now at Rs 10..

it was intrstng to read one article about those companies who r getting valuation not due 2 business growth but amount of real estate they hav in form if closed units..
eg. skumar, bombay dying, tatacommunication,many more.

punch line..mere pass bank balance hai , propert hai, ghar hai , bangla hai...tumhare pass kya hai ..mera pass inflation hai..

r m said...

@manu

Yes, that thought is still at the back of my mind but not able to incorporate it so far. Luckily PE takes care of everything under the sun. :))