Day Trading Stocks & Futures

[Pradeep Narayan]

Longs added ITC 254.4

 

[Pradeep Narayan]

Aur jata neeche till 362-363.
started to BD and you exit bhai.

Got 1.5% on investment on steel, another 1.3% on Hindalco... now with ITC Longs
Happy for the day

 

[Riskyman]

Got 1.5% on investment on steel, another 1.3% on Hindalco... now with ITC Longs
Happy for the day

Went to 363. Drink full glass juice bhai not half
Looks like 11080 on spot coming

 

[Pradeep Narayan]

Went to 363. Drink full glass juice bhai not half
Looks like 11080 on spot coming

I am seeing it go further down
Need to stagger exits better - but with Steel you can never be sure how it will behave!

 

[Riskyman]

I am seeing it go further down
Need to stagger exits better - but with Steel you can never be sure how it will behave!

Its become a weakling. It fell straight without giving any pullback which is why I thought you could have it for a lower target 362-363. Sometimes, part profit booking can help lock some value and you can keep the rest with a TSL.

 

[travi]

Went to 363. Drink full glass juice bhai not half
Looks like 11080 on spot coming

Hdfcbank just turned upward.

No talks of steel missed the best journey of wealth compounder

 

[Riskyman]

Hdfcbank just turned upward.
No talks of steel missed the best journey of wealth compounder

Ive posted so many charts of Metal index, Tata steel and jindal steel much before they broke supports. Infact, screaming sell sell. Maybe you didnt think they were worth a look Haha.

INR just turned up. Time to be careful in the market.

 

[travi]

Ive posted so many charts of Metal index, Tata steel and jindal steel much before they broke supports. Infact, screaming sell sell. Maybe you didnt think they were worth a look Haha.

INR just turned up. Time to be careful in the market.

last 30min is like tuk-tuk.
so whats our inference ? if mkt goes up, then shorts chickened out of long weekend and if it goes down from here then longs aren't confident ?

 

[Pradeep Narayan]

Trading Long Hindalco till 181

 

[Riskyman]

last 30min is like tuk-tuk.
so whats our inference ? if mkt goes up, then shorts chickened out of long weekend and if it goes down from here then longs aren't confident ?

Bhai, When Nifty was at 11175 i said we may see 11080. Now we are at 11115. Good chance we may end up seeing that number. I dont know.
This means the bounce that was due is done. Shorts covered, bears shaken etc etc. We have a long weekend and I dont think many want to take a view due to this. There is too much happening in the world right now.
Maybe traders will come back tuesday and see if our government indeed have any good plans to jump start the economy etc. If not, a second wave of selling is likely to continue.