How to invest 40 lakhs in equity, FnO, commodities etc. Part 2

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EagleOne

Well-Known Member
Arrey bhai logo kyon leni kar rakhi hai? Bas bhi karo, yaaro. Weekend pe toh saans lene do sexytrader ko! :lol:

Aur ST bhai, aap bhi lag gaye? Aur ye raddi ki game kya hai? Ek aur naya dhandha shuru? Padosi kya kahenge? Ki dekho parson tak ye shareef bhai markets ki khak chantaa tha, kal second-hand computer ki market mein lafadaa chaalu kiya aur aaj raddi ki tokri mein haath diye baitha hai?! Arrey yaar, kyon trader community ki laaj sar-e-aam lutvaa rahe ho!? :D
 

EagleOne

Well-Known Member
Also ST da is Moderator of Traderji.com.

That also should be considered please.
What consideration? Correct me if I am wrong, this moderator business is the worst business one can get into. No rewards but all the pains. You know, my heart breaks into million pieces the moment I sigh and think, 'man, god must be sadist. Otherwise how can such a bad thing happen to such a good man like ST bhai?' :lol:

Anyway, you guys should not switch one ST for another to take the mickey out. Let it remain the classic, one and only, sexytrader. Besides both STs are very dear to me, therefore I can't be a part of skinning'em-alive kind of play. Nevertheless, good luck to you, guys. Happy hunting. ;) :D
 

EagleOne

Well-Known Member
Sexy bhai... Vindicated...Well done. :clapping:


Keep going, bro. All the way to 87.

See you. Take care.
 
Nice work done by the herd following this post! Disgusting!!!:annoyed:

Anyways, technically, this is a straight climb from 50 till 113.9. Except for occasional minute hiccups, there has been no correction seen in the stock price movement.

Yesterday's struggle to move higher, indicated by doji, can be seen as a clear signal that the price rise has been arrested.

Technical Indicators: Reading the daily charts.



Ichimoku indicators:
  • Chikou Span support seen at 100.3 (Brown square)
  • Tenken sen seen at 99.1 (Green square)
  • Forward cloud range at 81 to 90

315 Correction Strategy:
  • 15 ema not touched since a long time, and price stands at 96.2. (Purple square)

So we can see a correction in this stock till 100 if this rise is genuine as a result of profit booking. It should be noted that the rise in call charges has been already factored in the rise from 50 to 113.9, so there has to be profit booking.
Looks like all critics have gone underground! Very few messages yesterday! :rofl::rofl:
It is time people learnt to be humble with their words in other's posts. Words once thrown can never be taken back!

I made good profit from this call (No position today)! 30 minutes chart shows heavily oversold (RSI - 20). So I will wait for RSI to cross 50-55 before I make a dip again in this stock.

Technically, check the weekly chart.


Does this look an evening star pattern formation? If this materializes, this week, we can see 91. Else in the next few weeks, it will definitely be 91 (small candle formation).

In daily charts,

Ichimoku indicators:
  • Chikou Span support seen at 100.3
  • Tenken sen seen at 104.5
  • Forward cloud range at 82 to 95

315 Correction Strategy:
  • 15 ema not touched since a long time, and price stands at 102.6.

So strategy would be the following,
  • If RCOM rises from here, I will short at 107.5 (15 ema in 30 minutes) tgt 102.6
  • If RCOM continues its fall from here till 104.5/102.6, I will go long till RSI crosses 50-55 in 30 minutes, where I will short again.
However beware that fibonacci levels of RCOM stands at 100.8. If this sustains, there could be a meaningful bounceback to the current highs. But looking at the weekly, I doubt this possibility. But this is market. Anything is possible!

Let's see!
 
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abhi.

Active Member
Looks like all critics have gone underground! Very few messages yesterday! :rofl::rofl:
It is time people learnt to be humble with their words in other's posts. Words once thrown can never be taken back!

I made good profit from this call (No position today)! 30 minutes chart shows heavily oversold (RSI - 20). So I will wait for RSI to cross 50-55 before I make a dip again in this stock.

Technically, check the weekly chart.


Does this look an evening star pattern formation? If this materializes, this week, we can see 91. Else in the next few weeks, it will definitely be 91 (small candle formation).

In daily charts,

Ichimoku indicators:
  • Chikou Span support seen at 100.3
  • Tenken sen seen at 104.5
  • Forward cloud range at 82 to 95

315 Correction Strategy:
  • 15 ema not touched since a long time, and price stands at 102.6.

So strategy would be the following,
  • If RCOM rises from here, I will short at 107.5 (15 ema in 30 minutes) tgt 102.6
  • If RCOM continues its fall from here till 104.5/102.6, I will go long till RSI crosses 50-55 in 30 minutes, where I will short again.
However beware that fibonacci levels of RCOM stands at 100.8. If this sustains, there could be a meaningful bounceback to the current highs. But looking at the weekly, I doubt this possibility. But this is market. Anything is possible!

Let's see!
Good Analysis trade4putuval , meanwhile can u tell few sites which show 30min or 5min charts with technical indicators like RSI , etc .
 

Rish

Well-Known Member
Looks like all critics have gone underground! Very few messages yesterday! :rofl::rofl:
It is time people learnt to be humble with their words in other's posts. Words once thrown can never be taken back!

Looks like you are very much interested in reading critics other than trading. Good traders always trade silently in underground !



This RCOm Chart, now s/l is 113.60 (closing basis) for short, target 101.80.

No body is interested or happy if Sexy Trader is making loss (everybody is working for money). point is we should be fair enough when we say something about our trade.
 

SexyTrader

Well-Known Member
My profit-booking target for my Rcom(Fut) position revised to 85/- from 91/- coz I feel it may go down to 85.

And thats when my Rcom 95 PE will also rock :thumb:

Profits on all sides is what I like :)
 
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