Long or Short Opinion

[praveen taneja]

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....

Bro niether I am for 4600 nor for 4800 I am a small punter want my pie from lions (FII & DII ) mouth only baaki Ram Ji Ki Marzi:clap:

 

[columbus]

I do not understand the logic of a website asking customers to BUY all
major stocks and Shorting Nifty Futures.A sort of Hedging ......?

 

[simple_trader]

Bro niether I am for 4600 nor for 4800 I am a small punter want my pie from lions (FII & DII ) mouth only baaki Ram Ji Ki Marzi:clap:

It makes sense! More we try to catch big moves, more we would fail (at least in terms of probability).

 

[SwingKing]

I do not understand the logic of a website asking customers to BUY all
major stocks and Shorting Nifty Futures.A sort of Hedging ......?

I wonder why they are asking to do so. First I thought about the discount prevailing in current futures, but then it made no sense with the strategy they are suggesting. Better to stay away and stick with what we know.

Tc

 

[rajputz]

Question >>>>>>>>> Can someone name the person who two days ago Wrote now mkt turn to bullish from bearishness???????????????????

main hu praveen bhai...

Par maine ye b kaha tha ki agar direction change hui to i will be the first to change the sail...kal ka gapdown kar sakta hai otherwise bull hi hu

 

[rajputz]

I have got a trend reversal pattern on DLF too, but it is bit weak.

A VT

 

[scplindia]

Monday, is going to be blood bath, all charts will show trend reversal, except OMC, I would plan to short, ONGC, IOC, BP, HINDPET, as these stock may not gap down in the morning, but will move south after the petrol price hike or not, either way there will be profit booking in these stocks. Would not touch other stocks, until they they retrace atleast 38.6 percent of the fall. High Beta, can go long only for half hour after GAP down, and then before 12.25 need to short again, based on BB, Stocastic, MACD and RSI indicators.

Make your own judgements, before trading as risks will be very high tomorrow and is going to be a news heavy day.

Most cases price preceeds news, as news is already built in into the price. But like on friday after our closing, news surprised price Europe/US fell like rock. Before we closed, I was expecting Monday to be down day for profit booking, but not Blood bath as it is going to be now.

 

[Luv_Stocks]

Last time dow fell 3-4%... we showed strength...! but slowly resolve of the bulls are getting weaker... friday saw the first sign of short covering when the discount reduced to 12-10 points. News of hungary was declared well before our markets closed. But expecting a blood bath simply because dow reacted badly is a bit extreame. I personally feel that we will gap down, but if the low of the first 15 mins is respected, its time to go long with the LOD as stop loss....

 

[aditya14]

ya the last time dow fell it actually fell 10% and then recovered so that was a different case as momentum was on buy side.

This time if we gap down say 50 points then it would be a golden op to go short with all u got as we will see a slide tomorrow unless Euro springs a huge surprise to 1.2 (which it won`t)

S&P is headed to 1040 and if broken then all hell will break lose.

 

[aditya14]

And there goes the Euro and the S&P futures are down 10 points so DO NOT BUY ANY DIP i repeat SELL SELL SELL....