Spain35 or IBEX update

$EWP $IBEX #Spain35 #Index Set for a Drop ?? Sell @ or above 9902 - 9946 target 9846 - 9692 - 9676 

Bearish

Reliance Ind - Escorts - Maruti Suzuki - Jet Airways - Crompton Greaves - Near Term Trading Strategy - 30 Dec 2013

Has Reliance Industries Bottomed out @ 838 as per the 30 NOV ALERT ? 

That will be confirmed once we clear the resistance 892 and Break Out Pivot 913.5 Likely to hit 962 - 982 Before achieving our Multibagger Target 1072 buy initiated 838 

Escorts Daily Trend - bearish, But the monthly trend still has room for upside targeting 142.80 before any correction till 122 Current Support @ 136 - My target for Escorts is Rs 143 with a stoploss of Rs 132

MarutiSuzuki Support @ 1756 Resistance @ 1802 above that the stock has potential to test 1905/1950 below 1750 Actual Support @ 1708 Break down level 1654

Jet Airways - Downside Momentum still exists - Bulls cautious - Resis @ 292.80 Break Out Level 306.20 Below 280 Downside capped @ 268

Crompton Greave Is a sell above 130.80 - 134.60 for target 127 stops above 136 - Reversal - Below 126 Crompton Likely to Fill the Gap 112 before heading towards 162 - 177 in the short term. 

Sun Pharma - Educomp Sol - NMDC - Sesa Goa - ING Vysya - Tata Motors - Axis Bank - Bharthi Airtel - BHEL - Tata Power - Tata Steel - Yes Bank - Trading Strategy 30 DEC 2013

‪SunPharma‬

 Eyes @ 545 before that Much Awaited BreakOut 626‪ ‎Trading‬ ‪‎Strategy‬ 
Sun Pharma Daily Trend Indicating Upside Momentum in Motion targeting 583.45 Support @ 572 , however the weekly trend indicating downward pressure which squares near our Gap Filling target 545 before Clearing the BreakOut Pivot 626 

Weekly Trading Strategy : Sell SunPharma b/w 583.50 - 592 Stops above 596 target 545 - above stops Reversal target @ 626 However it is a must for the stock to fill 545 sooner or later.

Educomp‬ 

Pick of the year - Now Heading towards 38 later 70 - 102 - 134 & Long term target 206 - 238 Stops below 18

‪#‎LongTerm‬ Call : Buy @ or the Dipsips below "26" - My target for Educomp Sol is Rs 206 for the short term with a stoploss of Rs 18

NMDC

Buy ‪‎NMDC‬ @ 137 - 140 for positional target 154.45 - 159 stops below 134 Violated Reversal target 123 (which once again acts as strong Sup & Long term Best Buy level)

NMDC is a Buy @ 123 for ‪‎shortterm‬ target 200 - My target for NMDC is Rs 220 for the short term with a stoploss of Rs 105

Sesa Goa‬

 Monthly Trend has still Room for Upside - Hence We call it a‪#‎Buy‬ ‪#‎SESA‬ ‪#‎STERILITE‬ @ 197 for Positional Target 204 - 206.3- 216 stops below 192.40 if violated then Reversal target @ 182.80

BUY @ 197 Near Term to - My target for Sesa Goa is Rs 227 for the Near term with a stoploss @ 188

ING VYSYA

Sell ‪#‎INGVysya‬ Bank @ 628 fa Near term targetget 568 - My target for ING Vysya Bank is Rs 505 for the short term with a stoploss of Rs 646

‎TataMotors‬

 Likely to Face Resistance @ 383 and dip till 346 - My target for Tata Motors is Rs 310 for the short term with a stoploss of Rs 399.80

AXIS‬ BANK 

Bullish Momentum exists as of Monthly Indicators - Its a buy @ 1250 For Positional Target 1436 stops 1206 below 1202 Reversal Downside Target @ 1064

Bharthi‬

 ‪‎Airtel‬ is a Sell B/w 331.60 - 338.20 for positional target 318 - 308 stops above 342

BHEL 

BHEL‬ is a Buy b/w 162 - 167.70 for Positional target 186.2 - 190 stops below 154.3

Tata Power

Buy ‪‎TataPower‬ @ 88 - 89.90 for positional target 95 - 96.90 - 106 stops below 86

TISCO

TataSteel‬ is a Buy b/w 410 - 418 stops 401 above 428 target 440

Yes Bank 

Monthly Trend Neutral - Weekly Trend Indicates bearish motion with Bullish Streaks , Near Term Support & best buy @ 343 Resistance @ 421 Above 499 its 676 , Break Down Level @ 265

Nifty - The Way Ahead - 2014

Nifty Below 6176 its 6020 - 5920 Before Downside if Upside 6626 is tested then from there a deep - steep & swift correction squares @ 5615.

 Break out towards 6626 is confirmed once sustain above 6376

Now @ 6313

Behavioral Finance, Technical And Fundamental Analysis

Technical Analysis relies upon the idea that smart money will move into a market and give advance warning that a position should be taken. This often occurs when the true major fundamentals are unknown.

While Fundamental Analysis may help you understand how things work, it does not tell you when, or how much. Also, by the time a fundamental case presents, the move may already be over. 

The current proliferation of electronic technologies – computers, the Internet, cell phones, 24-hour news, and instant analysis – tend to distract us from the essentially human nature of markets. Greed, hope, fear, and denial, herd behavior, impulsiveness, and impatience with the process (‘Are we there yet?’) are still around, and if anything, more intensely so. 

Few people have absorbed the hard neuroscience research that reasons arrive afterwards.That given the choice between a simple, easy-to-understand explanation that works and a difficult one that doesn’t , people tend to pick the latter. People would rather have any story about a series of price changes happened than that there is no rational reason for it. Confusing hindsight with foresight and complexity with insight are a few more ‘cognitive illusions’ of Behavioral Finance.

QQQ - MSFT - MCD - CCE - IBM - ORAN - CVX - CAT - C - BCS - BAC - BA : Trend & Trading Levels (1-4 weeks)

QQQ is a Sell b/w 88 - 82.80 positional tgt 83.96 - 83 - 82.05 & Near term tgt 78.80 stops above 89.80 Reversal target 97.20 

 Bearish with Bullish Streak 

$MSFT is a sell b/w 37.24 - 38.20 target 34.12 - 31 stops above 38.80 Reversal target 41 - 43.80

 Bearish

$MCD May not sustain above 97.24 as monthly trend is firmly bearish - Sell b/w 97.24 - 98.20 target 93 stops 98.60 Reversal target @ 101.48 

Bearish

$CCE Is a sell @ or above 43.65 for positional target 42.60 - 42 stops above 44.15 reversal target 45 - 45.75

 Bearish

$IBM in its Initial Bearish Trend - Its a Sell @ 189 targets 178.66 above 192 reversal target @ 199.35 Bearish with Bullish Streak 

Bearish

$ORAN Is a sell b/w 12.54 average if get 14.08 Positional Target 11 - 9.60 

Bearish

$CVX Is a Buy b/w 121.45 - 123.70 above 126.06 upside capped @ 128.65 - 132 Stops below 119

 Bullish

$CAT Support @ 87 above 92 upside capped @ 97 Break Out 99.80 Sharp upmove 107.4 stops below 82 , Upside Momentum exists as of Monthly 

Bullish

Below 51.80 $C likely to slip targeting 48

$BCS may Not be able to sustain above 18.20 - Sell for Positional target 17 - 16.40 stops above 18.82 

Bearish

$BAC 15.05 <<===>> 16.06 Trading Range Below 14.88 its 14.08 - 13.02 above 16.90 its 17.90 

Bearish

$BA likely to hit 132 in the week ahead !! Bearish

#EURUSD Buy Below 1.3805 target 1.3982 - 1.4036 , Stops Below 1.3776

Copper Failed to Crack Initiated Support Level 467.30 - Days Low 467.35 Now @ 468.8 above 469.20 its 474 Below 467.20 its 464 - 463

$GC_F Days High 1218.30 $XAUUSD $GLD Now @ 1217.2

S&P 500 Positional Call - 26 Dec 2013

$SPX $ES_F Likely to Face Resistance @ 1846 positional target 1816 - 1798 - 1720 

Stops above 1876 

Ltp - 1836

S&P 500 Futures @ 1835 - 10 more Points for XMAS Rally to Halt - $SPX Expected to Face Resistance @ 1846

SP500 Likely to Face Resistance @ 1846 from where Correction Seems Likely till 1718 - 1686 - 1646

Sell Crude Oil @ 99.70 for Positional target 96.36 - 95 stops above 100.80 - Now @ 99.65

Copper Above 469.20 will shoot up targeting 474

$GC_F $XAUUSD $GLD

$GC_F $XAUUSD $GLD Is a sell @ 1212 - 1218 for momentum target 1200.20 - 1198 stops abv 1220.5 now @ 1211.80

Gold Is a sell @ 1212 for momentum target 1200.20 - 1198 stops abv 1220.5 now @ 1211.80

$FB Sell @ 57.70 target 56.70 stops 58.20 #DayTrade Bearish

$AAPL Actual sup & Best Buy 553 - Current Sup @ 561.25 A break abv 569.45 Its 582 stops @ 547 Break down below 544.8

Momentum - Bearish

Monthly Trend - Firm Bullish 

Now @ 567.50

Mayday Mayday Mayday ... Nifty Making BULLS DUMB - I Repeat - Nifty Playing Bulls for DUMB - (including me) - but I figured it on Sunday and confirmed it today ... Else I would have published the same Alert on Sunday - I didn`t because I wanted to make it Super Sure...

BREAKING ALERT - NIFTY SHOWING ALL SIGNS OF EARLY BREAK DOWN - BEFORE 6626 - That is also the early INDICATIONS of Historical Tectonic Shift Happening the economy once in 400 years .. All details of the same will be updated In an hour - Stay Tuned - @Trendyaa Talks & Trade the World..

NIFTY 6626 target still active but @ This Point of Time am getting SKEPTICAL applying the GANN study ..- WHEN TIME IS UP PRICES WILL REVERSE - I will be updating the factors studies and scenario with observations in about 20 to 30 Mins - Stay Tuned for More details on the same UPDATE

Simplified Technique to Beat Complex Trading Technicals

Trading Technicals - Candle Stick Pattern Simplified 

There are really only 12 major Candlestick patterns that need to be committed to memory. 

The Japanese Candlestick trading signals consist of approximately 40 reversals and continuation patterns. All have credible probabilities of indicating correct future direction of a price move.

The following dozen signals illustrate the major signals. 

The definition of "major" has two functions. Major in the sense that they occur in price movements often enough to be beneficial in producing a ready supply of profitable trades as well as clearly indicating price reversals with strength enough to warrant placing trades.

Utilizing just the major Japanese Candlesticks trading signals will provide more than enough trade situations for most investors. 

They are the signals that investors should contribute most of their time and effort. However, this does not mean that the remaining patterns should not be considered.

Those signals are extremely effective for producing profits. Reality demonstrates that some of them occur very rarely. Other formations, although they reveal high potential reversals, may not be considered as strong a signal as the major signals. 

Doji - Gravestone Doji - Long Legged Doji

Bearish Engulfing Pattern - Bullish Engulfing Pattern 

Piercing Pattern 

Dark Cloud Cover - Hammer and Hanging-man 

The Morning Star , Evening Star & The Shooting Star 

...Continued in the Next week Article - Track the The thread for more updates 

@Abhishek M R 

Technician/Strategist

Trendtradersonline.com

Contributor@Investing.com 

advisory.trendtraders@live.com

GOLD BREAKING ALERT - Hedge Pos Alert - Gold Confirm 1162 GOLD Confirms 1171 - 1162 , Resis for now 1202 - 1210.20 Break Out 1218.80 - If clears Its 1562

Historical Tape Of Gold - Silver We have been tracking - Difference between the market mechanism & manipulation By Seymour Hersh -

I First became interested in gold, and later in silver, around 2007 as a result of an intense Financial Crisis Study that I first became interested in gold because one cannot understand money and international trade historically without understanding gold. And in another intense study of financial crises and bubbles like 1929, prompted by my own ringside seat at the tech bubble at the end of the twentieth century, I became intrigued by the role of money and paper and their interactions with real things and people.

Most manipulations of markets are control frauds by their nature, and contain all the usual characteristics of fraud. There is opacity, because frauds thrive in the dark, and on the asymmetric availability of information. There are always a few and very powerful insiders who have the ability to know more than others, to have access to privileged information, and to be able to manipulate the rules and the market mechanisms for their own purposes and advantage.

This is the heart of it. Everything else is detail, which you can surely find out in any amount of depth you may wish. But anyone who is watching these markets closely can no longer miss it unless they are naive or willfully blind.

This is The First Major / Crucial Alert We Identified during 10 May - 12 June - where we assume the manipulation started - Hope Most of visitors and followers who are tracking us from quite some time - It was during the Same time We Initiated  "OIL SEASONAL MOVE ALERT "

This is the conclusion we update  in the previous Middle East Tensions Escalating What is in it for International Crude Prices 105.25 - 109 or 123 ??  Then what is in it for Gold - Operation Twist Which will be later turn out to be a false pattern once the bears are squeezed - the press behaves almost bottomed but from nowhere give up and tumble - Which happened be a ditto Scenario market followed

NEED LITTLE - WANT LESS - LOVE MORE

"A CREDIBILITY TRAP IS A CONDITION WHEREIN THE FINANCIAL, POLITICAL AND INFORMATIONAL FUNCTIONS OF A SOCIETY HAVE BEEN COMPROMISED BY CORRUPTION AND FRAUD, SO THAT THE LEADERSHIP CANNOT EFFECTIVELY REFORM, OR EVEN HONESTLY ADDRESS, THE PROBLEMS OF THAT SYSTEM WITHOUT IMPAIRING AND IMPLICATING, AT LEAST INCIDENTALLY, A BROAD SWATH OF THE POWER STRUCTURE, INCLUDING THEMSELVES.

THE STATUS QUO TOLERATES THE CORRUPTION AND THE FRAUD BECAUSE THEY HAVE PROFITED AT LEAST INDIRECTLY FROM IT, AND WOULD LIKE TO CONTINUE TO DO SO. EVEN THE IMPULSE TO REFORM WITHIN THE POWER STRUCTURE IS SUSCEPTIBLE TO VARIOUS FORMS OF SOFT BLACKMAIL AND COERCION BY THE SYSTEM THAT MAINTAINS AND REWARDS.

AND SO A FAILED POLICY AND ITS SUPPORT SYSTEM BECOME SELF-SUSTAINING, LONG AFTER IT IS SEEN BY OBJECTIVE OBSERVERS TO HAVE FAILED. IN ITS FAILURE IT IS COUNTERPRODUCTIVE, AND AN IMPEDIMENT TO RECOVERY IN THE REAL ECONOMY. ADMITTING FAILURE IS NOT AN OPTION FOR THE THOUGHT LEADERS WHO RECEIVE THEIR POWER FROM THAT SYSTEM.

THE CONTINUITY OF THE STRUCTURAL HIERARCHY MUST THEREFORE BE MAINTAINED AT ALL COSTS, EVEN TO THE POINT OF BECOMING A PAINFULLY OBVIOUS, ORGANIZED HYPOCRISY.

THE BANKS MUST BE RESTRAINED, AND THE FINANCIAL SYSTEM REFORMED, WITH BALANCE RESTORED TO THE ECONOMY, BEFORE THERE CAN BE ANY SUSTAINABLE RECOVERY.

"Seymour Hersh Calls It now or Lets say He confirmed our thoughts and the reasons" ??

19 DECEMBER 2013

Seymour Hersh: On the Push For War Against Syria

The discussion of this lead up to war certainly came and went quickly.

One thing that comes out in this interview is the determined opposition to the Administration's goals and the power of the Executive Branch that came out of the intelligence community and the Pentagon.  Perhaps there were some lessons learned in the Iraq war after all.

It is too bad that the lessons presented from the financial crisis of 2008 have not had a similar effect.

Hersh's closing remarks on the role of journalism are quite simple and to the point.

18 DECEMBER 2013

Gold Daily and Silver Weekly Charts - FOMC Day in Paperland  - The Fed Chairman Wears Nada

Today was pretty much what I had expected. It was Christmas meat on the table from the Fed, mostly roasted jawbone.

The 'taper' was meaningless, except to take the talk about when it would start off the table. The FOMC went out of its way in the verbage to signal accommodative policy and money for nothing for the foreseeable future.

Despite the big rally in stocks, what did the Treasuries market do?  Nada.  I rest my case.

The hit on gold and silver was consequential only because JPM has locked up most of the registered inventory on the Comex, and after all, today was an FOMC day when monetary inflation was affirmed. Rik Green has some interesting observations about this here. 

Goldbroker published an interview with Le Patron on the correction in the Gold Market today here.

The problem these jokers are going to run into is that as they increasingly run policy to form a dual economy, with the wealthiest few taking the majority of the gains, the lack of demand in aggregate is going to continued to pressure the real economy, and eventually stretch the social fabric to the breaking point.

And some may expect this, and look at it as an opportunity. Winning.

SP 500 and NDX Futures Daily Charts - Year End Rally as Fed Spreads Holiday Cheer

"I am not alone at all, I thought. I was never alone at all. And that, of course, is the message of Christmas. We are never alone. Not when the night is darkest, the wind coldest, the world seemingly most indifferent. For this is still the time God chooses."

Taylor Caldwell

Today's action was all end of year window dressing and bonus pumping, triggered by the 'tiny taper' from the Fed, in which they pledged to reduce the rate at which they are expanding their balance sheet and handing money over the primary dealers at a slightly slower rate.

Low interest rates were unmistakably pledged for as far as the eye can see. And this is probably why stocks rallied, other than this is the time to boost financial asset prices to maximize those bonuses.

FOMC Decision: Token Taper in a Trompe l'œil Recovery

The Fed is not 'unwinding its Balance Sheet' as the spokesmodel said on Bloomberg TV. They have slightly decreased the rate at which they are expanding it in the QE II program, roughly reducing the rate of expansion by about 12%, from $85 billion per month to a mere $75 billion per month.

Stocks rallied as I expected they might, given that this is the time to deck the halls with boughs of folly.  And naturally gold and silver were hit.