Update needed please.

This week's update:

ICICI direct.com :: Market :: Technical Analysis

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Thanks Alchemist,

@Traderji Can you share your insights after reading the report. It's too technical and loaded with too much info.

Can you summarize the levels to watch out for?

On the downside levels to watch out for are 19080 and further 18720. If breaks below 18720 decisively with volumes and gives weekly close below this then we are looking for another leg of sharp fall which could take us to feb-mar lows and even beyond.

On the upside levels of 19340 could act as hurdle or support and then final hurdle would be around 20000. Decisive weekly close above this (extremely unlikely) would lead to new highs. looks very much ranged at the moment for the April series inside the above points.

My personal opinion and reading is not to have long term long positions. Market could u-turn at anytime without giving opportunity to exit. Just like in march end it did not give shorts a chance to cut positions. Happy trading.

Thanks Traderji

Trading can never be happy.I have long term mutual fund investments and therefore I track market movement to plan my exit and entry.

An update needed.

Markets are as confusing as this report .

This week's report:

ICICI direct.com :: Market :: Technical Analysis

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Please share updated report. Uptrend seems to be fizzling out.

This week's report is still not available on ICICIDirect.

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Hello,

Is it available now?

This week's link:

ICICI direct.com :: Market :: Technical Analysis

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Now it has even broken the channel & also below 200 MA.

Let's see if he gives any direction or still plays with words.

This weeks update please.

Thanks.

This week's report:

ICICI direct.com :: Market :: Technical Analysis

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Is there any short/long write up on understanding basics of Vivek Patil's report or Neowave theory?

While I can see images from current report, images from earlier posts are not appearing, any issue?

ICICIDirect may be deleting older images to save bandwidth.

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Does anyone has got dump of recent articles by Vivek Patil with images suitably in?

Thanks for your help.

Can someone please post this week's report.

Vivek Patil this week:

ICICI direct.com :: Market :: Technical Analysis

This week's link (corrected):

ICICI direct.com :: Market :: Technical Analysis

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That report appears ridiculously complicated to me.

The fact is nothing beats drawing simple trendlines, moving averages and envelopes, and using volume (and open interest) for conformation. (as repeatedly insisted by great technical analysts like Alexander Elder & John J Murphy).

Those are the foundation pillars on which all of classical technical analysis rest.

Update anyone?

Yeah I agree he writes it in complicated ways. That's the trick.

What's his view now?

Would be nice to read.

This week's report:

ICICI direct.com :: Market :: Technical Analysis

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Any help on understanding VP's article or neowave theory? The Prechter's and Neely's work is too detailed at this stage.

Looking forward to an important update.

This week's report is not available yet.

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Can somebody put the latest update here?

Dear srta,

It also shows date July 11, 2011.

Please update current report.

Thanks.

Ignore the date. The report is for July 18th.

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Does anyone has PDF files of all VP articles before March/April this year? Old ICICIdirect links do not have images.

You might want to directly ask VP or ICICIdirect, if you are their customer.