Tuesday, July 5, 2011

Desi MO (McClellan's oscillator for NSE) at EOD 5th July 2011


6 comments:

Janak said...

the biggest question on my mind at the moment is that SBI has begun a solid rally - why wud ICICI be behind? also, mkt. is closing in red but BN is closing in green!!

r m said...

@Janak

There is a saying in Hindi - Saari Khudai ek taraf, Joru ka bhai ek taraf!

All indicators will fail when FII buy in truckloads. :)

Janak said...

but will FII buy icici also in any kind of loads??? :-) or is it dump icici and buy sbi? can't happen though...

Shai said...

@ RM,

You are right.Liquidity rules.

@ Janak,

BN is our lead indicator. NF will tamely follow.
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V2 updated.

Shai said...

Nifty roadmap posted.

sriganeshh said...

@Janak,

look from angle of expected return on investment. SBI return is more than ICICI since SBI is fundamentally strong beaten down stock whereas ICICI is not so.