Long or Short Opinion

[rajputz]

just try to trade wid very small position untill you learn and gain confidence....or paper trade...its good to learn before risking...it makes sense then....

 

[rajputz]

tll now nifty giving respect to the HLTB that occured on hourly chart. Resistance of 5232 also acting strongly....lets c what future gives us...

 

[rajputz]

TLB of GB100 on 15 min spot nifty....thats also trigger for shorts....be cautious on longs...

 

[maahindhawan]

HI everyone,can some one tell me something about united phosphorus.is it making a H & S in intraday??? can someone check??!!
thanks in advance..

 

[rajputz]

HI everyone,can some one tell me something about united phosphorus.is it making a H & S in intraday??? can someone check??!!
thanks in advance..

Kind of...weak...

 

[rajputz]

see the beauty....giving advance confirmation from so long...

 

[alroyraj]

I had seen this on last Friday in the making but the volume was lackluster... past two days volume was supportive and this looks good to hold. It should stay below 5235-5245 in NF on closing basis to make it a good pattern and return from here... one can go short below 5140 to be on safer side per me target is below 4800 but it can come sooner as soon as we hit the target line...

So you are saying the wolfewave should be supported by stronger volumes. So to clarify if it closes successively below 5235-5245 and then only once it falls below 5140 to go short till a tgt of 4800. And until then to have a bias to hold. Did I understand it correctly?

 

[simple_trader]

5250 NF remains resistance. Mainly 5200 call put writers may be keeping market volatile and range bound. Those guys would be tested soon.

In case we cross 5250, then NF can zoom to 5300 around.

Other wise better to be in side line and as per PT listen to Bhajan.

 

[goodstocks]

Thanks for input buddy. I am myself working on the same. That is the main reason, that rather then giving many stocks, i Just posted the Charts of ITC yesterday, as i intended to take position in it myself. These days i am trying to get some high probability positive trades in stocks on my direction and Nifty.

All of us are with you ! Keep it up!

 

[maahindhawan]

thank you rajputz