Intraday calls

[aaa1988]

but what if it opens with a huge gap on monday if i hold for positional?

 

[n_arvind2000]

Dow Jones futures..not looking that bad....
Hold it...

 

[gourav_s]

I talked to them they told me i can hold it till monday.but i wont be able to sell/buy anything till 10. and they will sell 25% of the total holdings.

so i got out.
appreciate your help
thanks

 

[aaa1988]

Do you have any idea about ABGSHIPYARD?I bought it on wednesday and IAM still holding it...
And please tell me how tulsi would be on monday?

 

[saivenkat]

Dow Jones futures..not looking that bad....
Hold it...

1) What is weightage of Tulsi on Nifty? How you measured it with Dow jones?

2) You gave a call for intra day. Is it correct to take it as positional trade, I fear this goes against the very concept of a mind set that a day trader should have for day trading.

3) Dow Jones closing in green or red has very less impact on our market. Our market has decoupled with that of US.
A few days back our market has had a big up surge around 500 points, but in comparative DOW moved around 100 points only.

 

[n_arvind2000]

1) What is weightage of Tulsi on Nifty? How you measured it with Dow jones?

That was a general comment for his question "but what if it opens with a huge gap on monday if i hold for positional? "

2) You gave a call for intra day. Is it correct to take it as positional trade, I fear this goes against the very concept of a mind set that a day trader should have for day trading.

Tulsi call was given @ "buy tulsi 78.5 target 83-86 sl 75 "
>>>>>>> From there Tulsi went till 81.5
Intraday trader should be prudent enough to book profits at regular intervals and revise sl accordingly.
As trading trend in tulsi is BULLISH and 5 day swing is on the "Upside" - i advised him to hold - since he has not booked profits in the stock.
5 day Swing and RSI are in the upside for tulsi.

intraday support & resistance:
S 2 S 1 Pivot R 1 R 2
66.95 72.00 76.65 81.70 86.35

Since today was Inflation, Infosys results...volatility was high. One has to follow the trading pattern accordingly.



3) Dow Jones closing in green or red has very less impact on our market. Our market has decoupled with that of US.
A few days back our market has had a big up surge around 500 points, but in comparative DOW moved around 100 points only.

I don't quite agree to this.
For ex. - US have their Outsourcing centers and employment in our economically developing countries. But if those government and companies are going towards recession then it may affect us as well.

Crisis of Banking, HOUSING and insurance will last Longer and as it will be spiralling each other as well as many others and engulfing many of them and will reach far beyond and all over the world and that will last longer than expected as employments and personal finances will be affected.

Even world famous BANK of BARCLAYS has dropped near 2.07 and likely to slip below 2 near to 1.27 so what we expect from othere banks like ICICI and others???

DOW JONES can drive whole world economy to the recession. Even Great Briton is in Official recession.

 

[n_arvind2000]

Do you have any idea about ABGSHIPYARD?I bought it on wednesday and IAM still holding it...
And please tell me how tulsi would be on monday?

ABG SHIPYARD is in bullish trend. HOLD IT.
S 2 S 1 Pivot R 1 R 2
301.05 306.25 311.20 316.40 321.30

Trading trend in tulsi is BULLISH and 5 day swing is on the "Upside"
S 2 S 1 Pivot R 1 R 2
66.95 72.00 76.65 81.70 86.35

 

[vj.dehli]

Hi arvind...Orchid touched 52weeks high318.5 as we had some lines on ths the other day...WOW!! gud man keep up RUNNING...but now wt next abt ths?...
can it sustain,forward or a corrction needed in prices ?..
or we just let it rest now( as it has been treveling for a month long time having many eye's on it -RJ effect

CHEERS!!

 

[n_arvind2000]

:::::::::::: Intraday ::::::::::::


Buy india glycols 184.5 target 191-195.5-197 sl 179

 

[n_arvind2000]

hold indiaglycols..trading around 182 levels...will hit our targets....