Day Trading Stocks & Futures

[siddhant4u]

or something... trying to decipher

 

[siddhant4u]

PFC hrly, that first hr of opening today made or broke many today. Lot size is 6200

 

[siddhant4u]

the mismatch between RECL and PFC shows something about the deal between these stocks. PFC was suppose to buy RECL, looks like the ratio has been finalised and will be announced soon.

edit: original proposal was RECL to buy PFC, later changed to PFC buying RECL... let's see if something new comes out.

 

[vikas2131]

@ vikas, have you taken profit in your swing puts or still holding ?

No reversal signal yet.

 

[Riskyman]

the mismatch between RECL and PFC shows something about the deal between these stocks. PFC was suppose to buy RECL, looks like the ratio has been finalised and will be announced soon.

edit: original proposal was RECL to buy PFC, later changed to PFC buying RECL... let's see if something new comes out.

From left hand to right hand or from right hand to left hand, its the same. Gormint stocks mein bahut carefully trade karna padta hai. Never know which babu decides to do what.

 

[vikas2131]

A lot of people are expecting really big correction. I feel they are going to be disappointed. The big one is likely later in the year not now. i am expecting index to break out and move higher.

 

[siddhant4u]

Havells

 

[siddhant4u]

Hindustan Zinc (monthly chart)

 

[mohan.sic]

Morning around 10.20, indices broke day low indicating downtrend, then after a hour they went day high changing the day trend. Now at middle of the range What next. Towards day high or low ?

 

[cinderblock]

A lot of people are expecting really big correction. I feel they are going to be disappointed. The big one is likely later in the year not now. i am expecting index to break out and move higher.

ECB QE imminent. So big downside is unlikely.

Not like next week. More like a month.