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Elliott Wave Analysis Of The NSE 20
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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hisah wrote:PPT has 48 hours to reclaim the 4000 handle... Let's see if they can indeed rump up the market to close the month unchanged  @hisah What is the implication to the market when it finishes either way in 48hrs? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Spikes wrote:hisah wrote:PPT has 48 hours to reclaim the 4000 handle... Let's see if they can indeed rump up the market to close the month unchanged @hisah What is the implication if in 48hrs market finishes either way? Just saying it as a joke
To finish unchanged for the month, NSE20 must close above 4000. The monthly open was 4022. Since Nov 2015, the bulls has been unable to dismiss the bear pressure at this level.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Closed at 3860. To reclaim 4k handle, PPT needs to rump up 140pts - 3.62% rally tomorrow! The year low is 94pts away at 3766. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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hisah wrote:Closed at 3860. To reclaim 4k handle, PPT needs to rump up 140pts - 3.62% rally tomorrow! The year low is 94pts away at 3766. That would be a major comeback as the greens are trailing the reds ATM. For now, i'm the shark waiting out at -10% bid prices vs yesterday @SufficientlyP
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Rank: Member Joined: 8/17/2007 Posts: 294
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What in God's name is happening to this market?
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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instinct wrote:What in God's name is happening to this market? Blood bath "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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mlennyma wrote:instinct wrote:What in God's name is happening to this market? Blood bath I think we are headed a place of quietness as most of us are silenced by this thanking!!!!! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Sufficiently Philanga....thropic wrote:hisah wrote:Closed at 3860. To reclaim 4k handle, PPT needs to rump up 140pts - 3.62% rally tomorrow! The year low is 94pts away at 3766. That would be a major comeback as the greens are trailing the reds ATM. For now, i'm the shark waiting out at -10% bid prices vs yesterday Oh well. I guess PPT are in holiday mood for any last minute rump. If the index closes down 1.6% today that will see NSE20 lose the 3800 handle.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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hisah wrote:Sufficiently Philanga....thropic wrote:hisah wrote:Closed at 3860. To reclaim 4k handle, PPT needs to rump up 140pts - 3.62% rally tomorrow! The year low is 94pts away at 3766. That would be a major comeback as the greens are trailing the reds ATM. For now, i'm the shark waiting out at -10% bid prices vs yesterday Oh well. I guess PPT are in holiday mood for any last minute rump. If the index closes down 1.6% today that will see NSE20 lose the 3800 handle. counters are revisiting their all time lows seen kindu February "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
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mlennyma wrote:hisah wrote:Sufficiently Philanga....thropic wrote:hisah wrote:Closed at 3860. To reclaim 4k handle, PPT needs to rump up 140pts - 3.62% rally tomorrow! The year low is 94pts away at 3766. That would be a major comeback as the greens are trailing the reds ATM. For now, i'm the shark waiting out at -10% bid prices vs yesterday Oh well. I guess PPT are in holiday mood for any last minute rump. If the index closes down 1.6% today that will see NSE20 lose the 3800 handle. counters are revisiting their all time lows seen kindu February I expect a fed interest rate hike to see capital outflow from emerging markets. Take safety in quality stocks KEGN, KPLC, KQ, SCOM
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Elliott Wave Analysis Of The NSE 20
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