i am inclined towards 31000/11700 by thursday. . probably am wrong but there was some movement in the options at this price range
bought calls and am long maruti with day low as sl
Why such a big surprise? Duty on gold doesnt bode well for titan. While this may be a small reason, the stock has had a stellar run in the recent past. Correction tho banta hai bhai!
Below is the reason for saying we will witness new low. it looks to ma making expanding diagonal pattern. reversal will be strong but it has not yet completed its fall.new low for the day is waiting
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quite possible . am prepared for that possibility also.
i work on a slightly different strategy which is not much related to TA. it has more to do with visual analysis of market movement etc., sometimes my strategy works , sometimes it fails. i am willing to look at the risk on both ends with my relevant stops. its been good to me so far with a little more successes than failures, thus keeping me afloat.