Comments on Trading Steps: Another Trading Range?

may i point out two things--- 1. Most of the share...

2009-05-29T23:47:35.348+05:30

may i point out two things---
1. Most of the shares are having an abnormally high P/E ratios with a far far departure from fair value( eg. Reliance with a fair value of 1650 is trading at 2300)
2. Thursday showed DII acquiring an equity holding of 19000 Crores and Short selling equity futures of 12000 Crores( with a 30% margin that amounts to 36000 Crores).

Don't youy feel

Very True Mr Sukhani, Markets won't Ring the bell...

2009-05-29T09:52:42.721+05:30

Very True Mr Sukhani,

Markets won't Ring the bell to let us know, "Thats it for now, mates! Lets start correction now."

People have to be sensible in booking gains (At least Part Gains) when there are profits on the table.

Alas!! This may be too soon to presume a start of a new bull phase so soon, especially after a deep phase of draught in between.

May

Dear Sir is there any broker/interface available i...

2009-05-29T02:50:13.713+05:30

Dear Sir
is there any broker/interface available in India providing rule based trading like "Tradestation" does it in other countries but not in India perhaps..Plz guide.
regards

Yr observation is right.I would like to one view. ...

2009-05-28T21:54:39.110+05:30

Yr observation is right.I would like to one view. During this uptrend, mkt has been consolidating in a range and then giving a breakout with large gaps leaving shortsellers running for covers. But after few days, market goes back to retest the highs of the previous consolidating range.

But this has not happened in this large upward breakout. Logically, nifty should have tested 3717 (NS