Bulls, Bears & The Lion

[findvikas]

FII may show their true color below day's low..

 

[findvikas]

Volume spread is negative

 

[findvikas]

Just be cautious and have SL in place.. market breadth is not all that bad and after a sudden fall on intraday chart from 5046... market has scope of a similar kind of pickup back to 5035-5040 levels... below 5070 bears will rule so add more and more shorts around 5060 till 5070 and MUST quit at 5080

HEHEHE... @ 5035... Short here with SL @ 5042

 

[trade4putuval]

Hey, what is this long bar doing in 2-min chart?

Rajiv

 

[findvikas]

Dont be afraid of the ruthless move until 5070 is taken and short again around 5060-5065 with SL @ 5075

 

[trade4putuval]

Dont be afraid of the ruthless move until 5070 is taken and short again around 5060-5065 with SL @ 5075

Know what!
When 4900PE was ruling at 50, I placed a buy at 41.5 1 lot.
This one huge bar ate up my order.

Rajiv

 

[findvikas]

Hey, what is this long bar doing in 2-min chart?

Rajiv

Trapping bulls... this trick is done by both.. bulls and bears.. bears will take the market above some level and then stop buying there... bulls come and start buying and buying.. and buying.. then bears dump it all

Similar is done by bulls to trap bears.. market is a big jungle

 

[findvikas]

Know what!
When 4900PE was ruling at 50, I placed a buy at 41.5 1 lot.
This one huge bar ate up my order.

Rajiv

You got lucky... I am still struggling with my trading terminal... dont have access to ODIN as I cannot run it behind proxy and web terminal is pathetic..

 

[findvikas]

ok... I gave up and decided to NOT trade today

 

[trade4putuval]

You got lucky... I am still struggling with my trading terminal... dont have access to ODIN as I cannot run it behind proxy and web terminal is pathetic..

lucky or unlucky, this only market can tell. such huge movement!
Any background news? I think SBI is behind this move. I am not sure.

Rajiv