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

[rohitsx]

Sexy Traders Both hands are busy

Counting money....................

yes we know that he has his hands full , but request him to keep us updated with his invaluable comments . Trader community was really worried when he went underground for 2-3 days .

 

[timepass]

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

Baba it is not really looking weak, going with the index.

 

[SexyTrader]

Baba it is not really looking weak, going with the index.

Yes but it will come down the same way :thumb:

 

[timepass]

Yes but it will come down the same way :thumb:

So you're expecting a serious downside in Nifty ?? and Bank nifty ??

 

[abhi.]

So you're expecting a serious downside in Nifty ?? and Bank nifty ??

I dont know abt sexy , but i certainly feel it is very much possible
Infact a CRACK is not ruled out from tommorow morning itself :thumb:

 

[prabhsingh]

Abhi.....why do you thinks so?...or it is just a feeling.
Please summarize your reasons.

One of the reason that i could be think is as follow.Feel free to completely rule it out without any personal attacks and i will take it in a positive way.

Each month is divided into two parts.During first half of the month positions gets build strongly and in second half they are squared off.First half of this month has already passed where we have seen Nifty SPOT rising from 5900 to 6115 and now it has to retrace back some of the initial gains.5970 is holding very strong but once thats broken out we can see more pain.

I cant think of any month where we can have full one way swing going on otherwise how would waves gets formed if thats the case.

 

[trade4putuval]

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

I follow Google finance and it is reliable. You need to have a google user id to see the 2 mins, 5mins, 30 mins in the charts. If you do not log in, these timeframes will not be visible. Site: www.google.co.in/finance.
I have rsi, ema, stochastic indicator, sma, Bollinger band for my trading.

Since I do not have time to watch the market continuously, I have stopped using the paid website, www.icharts.in. This website is also very good.

 

[trade4putuval]

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

I do active trading, read the critics messages, digest the fruitful ones, and provide my views.

From my rcom analysis, I have already earned 20k. I am fortunately in cash and did not get trapped in the late run today afternoon. I will plan my entry tomorrow with the only strategy in mind, market correction strategy,whereby price has to correct to 15ema within 6weeks.:thumb:

 

[sumosanammain]

ROI is simple....

Rcom(Fut) shorted at average price of 103.7/- and profit-booking target is 91/-( or lower!) and SL is 117.

Rcom 95 PE bought at 6.25 and profit-booking target is 10.25/-(or more!)

Hold and profit :thumb:

Paper losses book at 117.......
Even if rcom is the last network in the world, sexy will not use its services
Too much sex and too little trader

 

[TraderRavi]

Paper losses book at 117.......
Even if rcom is the last network in the world, sexy will not use its services
Too much sex and too little trader

RCOM future high today 117, sexy guru's SL hit with maximum lots........