Long or Short Opinion

Is the thread Helpfull???

  • Helpful

    Votes: 64 94.1%

  • Useless

    Votes: 4 5.9%
  • Total voters
    68
Status
Not open for further replies.
R

rajputz

Well-Known Member
#1,071
#1,071
You can wrong me any time you feel ST. Always welcomed.

The news Nimish posted is the reason, i said that i should have waited till sunday before posting. Cause these two days, can bring in any thing in world.

For the general Information, whenever i see the price closing above the pivot high, 90 percent of time it follows to that directions, atleast for two days. I dont know what monday will bring. But this is just the chart data that i have posted. If i study the Volume and price Correlation, then Volume has increased, plus the MFI, which means we should float with the share in the direction it is going.

Now if the monday is decided to be down day, then price will revert just from this topic, neglecting all the TA all the signals. But if it conitnues with our market, or against the market, then also i think it should touch 2385, and if that is also broken then last resistance stands at 2500.

According to CCI, SBIN is in highly trending state, and can break(it doesnt mean that it will) the resistance and move, But failure to move above will also come from these levels only. One should keep a close eye though. Opportunities are to both sides. Mine are to long side yet. But i am far too famour to change the sail accordingly :).

Check the chart: -

 
S

simple_trader

Well-Known Member
#1,072
#1,072
Dear rajputz,

I normally do not consider news etc. If news is better also, I would have said SBI is a risky long and probable short even if dow is up today.


Here is my chart -

 
praveen taneja

praveen taneja

Well-Known Member
#1,076
#1,076
I would like to short each and every stock and its future but if and only if mkt retrace around 20% of gap down
PS By the grace of god I am on 5000 puts taken at 5140 spot God is gr888888
Question >>>>>>>>> Can someone name the person who two days ago Wrote now mkt turn to bullish from bearishness???????????????????:p:p:p:p
 
A

aditya14

Well-Known Member
#1,077
#1,077
praveen taneja said:
I would like to short each and every stock and its future but if and only if mkt retrace around 20% of gap down
PS By the grace of god I am on 5000 puts taken at 5140 spot God is gr888888
Question >>>>>>>>> Can someone name the person who two days ago Wrote now mkt turn to bullish from bearishness???????????????????:p:p:p:p
Click to expand...
u think we will go to 4600 this time or monday dow will again recover above 10k???

i think this time if people buy dips they will burn their hands....
 
Status
Not open for further replies.
Thread starter Similar threads Forum Replies Date
N Long / Short Tool in Amibroker AmiBroker 0
T Long-term and Short-term Setups Technical Analysis 25
B Shorting and Long volumes for a future Futures 0
P URGENT: Is anybody doing this? (Long Fut, Short Call) Derivatives 6
D Long and Short Signal at same time Algo & Automated Trading 1

Similar threads