Tuesday, October 25, 2011

Happy Diwali


17 comments:

Prabakar said...

Dear Vtrender and Team,

Wish you a very Happy & Prosperous Deepavali

Prabakar said...

Dear R M,

Wish you and your family a very Happy & Prosperous Deepavali

r m said...

Happy Diwali to all!

r m said...

Thanks Prabakar!
Wishing you a Very Happy Diwali.

regards
rm

Unknown said...

Wishing all vtrender member and blog reader very happy diwali

dhana said...

Wish you all a very happy Deepawali

Dhanasekaran
Bangalore

Rahul said...

Happy diwali to you shai.

Rgds
Rahul Goel

Anonymous said...

looking at the asia/eu today - tom we might open above 5400 and all 5100pe guys will be in trouble?

Girish Desai said...

Happy Diwali to all Vtrender mates and blog followers!

JG - 5400 may be a bit too much but I did mention on Tuesday that the zone of 5330-5220 was covered in a gap down and there's no reason why it shouldn't be retraced by a gap up.

The only thing to watch out for is ES and Euro are near resistance now. The market was going up for the EU news and now there is a chance of "sell the news" event. If there is no sell off now, I am thinking that this market might keep grinding higher till year end.

My Life My Trade said...

@Janak

SGX was trading 5300+

When we opened for Muhurat, we barely saw above 5250

I think we jump the big gap - thats all that happens...

And very likely we will jump it again to the downside a week or say later...

My Life My Trade said...

Potentially today's big gap up open could also mark an end to this bull run...

We first have to see how the US markets close the day.

My Life My Trade said...

All those who were looking for Diwali day to mark a major top (like last year) need to be punished :-)

Blogger said...

Gap over 5400 cash is almost a certainty now...

VK said...

@JG what an opening today (5399 high on spot in first hour). The gap down area is covered with gap up. Newton's third law of motion happening without any emotions:)

regards

Vinod

Girish Desai said...

Vinod,

Seems like there's not much to do for someone who didn't carry any longs or shorts overnight.

Expect some amount of gap fill but still a strong close today. May be now your 5550 is next to come...

Blogger said...

Those who bought into close on Friday will likely be underwater for possibly years to come.

My Life My Trade said...

We will traverse 5220 - 5330 with a gap yet again... LOL