Again, I wish to thank all of you for all the wishes and affection...to each one of you posted here, my gratitude to you again.
There are a few I'm replying to:
Agilent said:
Amit
Here's a message from somone you have had a rather topsy turvy relationship with .....
I don't know why or for how long you will be away from this thread, but I do believe there's lots all of us can learn from u, so hope u will stick around
Take care and see u around
AGILENT
Agilent, topsy turvy doesn't matter...the markets after all do the same topsy turvy jig...let's just go for the tops and to heck with the turvs.
Why I'm off this thread is, there are others at the forum who need to develop their theories, systems and skills and perhaps they should begin to post to test and hone what they are learning.
I'll be around.
munchikana said:
Dear Amit,
It is extremely saddening to note the end of such an informative and educative thread. If the reasons for closing the thread are purely personal, I have nothing to say. On the other hand, if the reason to close the thread is that it is taking too much of your time and energy, I have got one humble request, which you may consider. Why can't you start a weekly thread on Nifty? Option is entirely yours.
Hi munchikana...thanks again, and at some point I'll likely start posting a weekly outlook for the Nifty.
Saint said:
Hi Amit,
Always sad to see the end of anything great..........Sincerely hoping that you will still come in every now and then and share your wisdom with all of us.
Wishing you all the very best in everything that Life has to offer.
All the best!
Saint
Saint...no matter what...as long as you're around to guide, this forum is in great hands.
I'm around trading pretty much every day...and will be in and out of here.
Thanks again.
vinsu said:
Dear Amitda ,,
Request you to elaborate on "Keep July 10 and 19 in your notes as dates when some significant turns may likely come in the markets."....
Hi Vinsu...will return with this later..in a few days.
Finally from June 23:
AMITBE said:
Hi gvnarendra...the way I see it is, in your 5 minute chart the major resistance high just above the 'rising wedge' is at 3100 area?
Much would depend on this area being taken out, and as I have written in the above post, a move above 3065, and to extend it to 3079, may well do the job.
If so, the target as mentioned in the above post is 3121, and perhaps 3135.
Hi gvnarendra...Friday's high
3134 all but tested the target zone mentioned above.
Today it's been the same trading band all morning.
Consolidation at around these levels would be great to keep up this pullback.
At closing above the current target zone,
3135, the Nifty should be moving to test
3177-3192 area. This would also be a 50% retracement zone in this entire bearish phase, and is a crucial area.
Lower below,
3065-3039 become very important.
3013 is critical as below here this move would be in danger of breaking down.