Diary of a Intraday Trader Cash Segment Only.

[ryan4ucar]

BPCL consolidating at highs another upmove? this stock tends to go in 5 rupee increments will move to 690 on an upmove although anything can happen.

 

[ryan4ucar]

very low volume on breakout to upside in nifty looks like sellers are in control will concentrete on shorts.

 

[ryan4ucar]

strong stocks like bpcl dont move even in down market as soon as it turns should run to them this is called relative strength.

 

[ryan4ucar]

bpcl seller at 665.5 if it trades above that i am long

 

[ryan4ucar]

out of bpcl at cost price will start again , dont like the move back in range

 

[ryan4ucar]

Ranbaxy going down slowly no panic selling hmm

 

[ryan4ucar]

sellers in bpcl wait and watch approach, adanipower good for short scalps

 

[ryan4ucar]

watching sterlite above 121 can reach 127

 

[ryan4ucar]

Adanipower between 83 and 82.25 below 82.25 yesterdays breakout good short meawile scalp this 83 for about 50 paisa and use the profit to trade below 82.25 for free trades good way to trade

 

[ryan4ucar]

hdfc consolidating at low good for a down leg now