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

[SexyTrader]

ST,

Are you planning to add more lots on Rcom 95 PE to average out the price?

I have added more lots in the Rcom(Fut) Shorting position. So I do not intend to add more lots in Rcom 95 PE coz the averaging is working BETTER in Shorting its Futures :thumb:

 

[TraderRavi]

I have added more lots in the Rcom(Fut) Shorting position. So I do not intend to add more lots in Rcom 95 PE coz the averaging is working BETTER in Shorting its Futures :thumb:

gud sexy sir, thoko thoko iss rcom ko...........:thumb:

 

[DSM]

Good one

BTW R.Com lot size is 4,000/-

gud sexy sir, thoko thoko iss rcom ko...........:thumb:

 

[ethan hunt]

Good one

BTW R.Com lot size is 4,000/-

paper par kalam hi toh chalana hai, lot size does not matter

tab tak sikka uchalo jab tak heads na aa jaye aur hum toss jeeet na jaye

 

[prabhsingh]

paper par kalam hi toh chalana hai, lot size does not matter

tab tak sikka uchalo jab tak heads na aa jaye aur hum toss jeeet na jaye

ya phir aase sike ka use karo jiske dono taraf heads ho ya tails ho taki jeet hamesha aapni ho..bachhan ke pass abhi bhi shayad aasa sikka jaroor hoga.

 

[trade4putuval]

Technically, one of my friend had pointed out one interesting fact, which he found from traderji.

Whenever a stock breaks a swing high with a very large candle, it goes till the next swing high before it makes a meaningful retreat. RCOM is one such stock now. Check chart below.

As seen in the chart, there is a swing formation depicted by the arrows. Also, there is a rectangle. This rectangle shows the swing high at one time, which was broken with a very big candle that started at 97.2 and ended at 105. This means now the stock will go anywhere from here till the next swing high (which is not visible in the chart). To see next swing high, we visit the weekly chart.

The straight line shows the point of the next swing. In daily, it is very difficult to see the point. Hence we have to rely on the weekly to check the swing. The high made was 113.85. So now if 113.85 is also broken, next swing is 150. But looking at RSI of daily and weekly, this looks very improbable for now, but cannot be ruled out.

So today we need to watch RCOM for the following.

• If 113.85 is broken
• If it is broken, is today's candle a very big candle? (Can be determined only by EOD )

If yes, then God bless the shorters!

So let me assume that yesterday's high will not be broken today (113.35). If high is not broken, we can check for LHLL* formation that can decide the next trend i.e. downwards.
*LHLL - Lower high lower low formation.

 

[TraderRavi]

sexy sir can rollover rcom futures month after month untill doubling/trippling his required targets, there are lots of ugly traders here but only one sexy trader, so god must save him/his position............:thumb:

 

[TraderRavi]

sexy sir nifty seems ready for a upmove as people bot puts expecting nifty to fall after rbi policy........

 

[sumosanammain]

sexy sir can rollover rcom futures month after month untill doubling/trippling his required targets, there are lots of ugly traders here but only one sexy trader, so god must save him/his position............:thumb:

He will conveniently short a few hundred lots or more..... and roll till eternity, or maybe till next crash. After all as some boarder stated, paper trade hi to hai... kagaz par hi to kalam chalana hai :rofl::rofl::rofl:

 

[sumosanammain]

sexy sir can rollover rcom futures month after month untill doubling/trippling his required targets, there are lots of ugly traders here but only one sexy trader, so god must save him/his position............:thumb:

And if all elese fails, there is always that off market deal option. :rofl::rofl::rofl::lol::lol::lol: