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

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SexyTrader

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sexy sir nifty seems ready for a upmove as people bot puts expecting nifty to fall after rbi policy........
All said and done, Rcom(Fut) will not be a part of this up move beyond 113-114....so from my average Shorting price of 103.7/- my Sl is at 117. So I am not worried :thumb:

Secondly the Rcom 95 PE is bought at 6.25/- much earlier coz I plan to hold it till expiry! :thumb:

So currently Rcom is the only stock I have positions in...so up move or down move does not matter
 
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sumosanammain

Well-Known Member
All said and done, Rcom(Fut) will not be a part of this up move beyond 113-114....so from my average Shorting price of 103.7/- my Sl is at 115. So I am not worried :thumb:

Secondly the Rcom 95 PE is bought at 6.25/- much earlier coz I plan to hold it till expiry! :thumb:

So currently Rcom is the only stock I have positions in...so up move or down move does not matter
Of course it doesnt matter. Paper losses never hurt anyone as far as I know :rofl::rofl::rofl:
 

SexyTrader

Well-Known Member
Of course it doesnt matter. Paper losses never hurt anyone as far as I know :rofl::rofl::rofl:
I trade for myself! And I know what I am doing. So if you do not wish to believe my trades, thats your problem...not mine!

Btw my revised Sl for Rcom(Fut) is 117 :thumb:
 

SexyTrader

Well-Known Member
Sure... :rofl::rofl::rofl::rofl: :lol::lol::lol:
Paper trading is for beginners or people starting out....why should I be doing that ?!

I trade with my real money, so if I lose...I lose. And if I profit...I profit :thumb: Simple! :thumb:

If others do not like my trades, they SHOULD NOT read my thread...Simple!
 

sumosanammain

Well-Known Member
Paper trading is for beginners or people starting out....why should I be doing that ?!

I trade with my real money, so if I lose...I lose. And if I profit...I profit :thumb: Simple! :thumb:

If others do not like my trades, they SHOULD NOT read my thread...Simple!
Sure.. :rofl::rofl::rofl: :lol: :lol: :lol: :lol:
 

trade4putuval

Well-Known Member
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.
 

SexyTrader

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Arre yaar sexy reduce ur shorts in RCOM , kal se upar hi nahi chad raha while is rallying on and on., maybe bcoz ur shorts :D
Well I have built shorts in Rcom(Fut) and my average is 103.7/- coz I feel it will plunge faster than the others :thumb:

So my SL is 117 and I'm damn sure it will not be crossed :) So I continue to hold the position!
 
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